FundMyPitch News

Global AI race: UK to spend £100m to produce AI chips

The UK Government has announced it will be spending £100m to accelerate its positioning within the global race to produce computer chips that will be used to power artificial intelligence (AI). The funds, sourced through taxpayer money, will be used to build a national AI resource in Britain and be ordered through major chipmaking companies such as Intel, AMD, and Nvidia. Graphics processing units (GPUs) It was also revealed that the government is already in the advanced stages of an or...

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