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The UK government will invest £100 million in an effort to establish the country as a contender in the race to create the computer chips that will fuel artificial intelligence innovation.
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The taxpayer money will be utilized in an effort to create a national AI resource in Britain that is comparable to those being developed in the US and other countries.
Image source: Canva
It is anticipated that funds will be used to place orders with significant semiconductor manufacturers Nvidia, AMD, and Intel for essential parts.
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An official who was briefed on the plans, however, told that the government's offer of £100 million is much too low when compared to investments made by competitors in the US, China, and the EU.
Image source: Canva
In the face of escalating geopolitical tensions over AI chip technology, there is a fear that a halt in development brought on by comparatively poor investment may leave the UK vulnerable.
Image source: Canva
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