UK Government creates £500m Sovereign AI Fund to support homegrown tech startups
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The UK government has launched a £500 million Sovereign AI Fund to support domestic AI startups and retain intellectual property within the country. The fund will provide financial investment, access to national infrastructure, and policy support to early-stage AI companies.
The UK government has established a £500 million Sovereign AI Fund to back domestic AI startups. The programme aims to retain AI innovation within the UK by providing financial investment, access to national infrastructure, and policy support. It has already invested in Callosum, a London-based AI infrastructure startup, and granted six other startups access to the UK's AI Research Resources. Participating startups will receive up to one million GPU hours on national supercomputers and fast-track visa processing to recruit international talent. The programme also offers regulatory navigation, data access, and early procurement opportunities to accelerate development timelines. By investing in domestic AI capabilities, the government hopes to create high-value jobs, boost productivity, and reduce reliance on foreign tech providers in critical sectors.
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