UK’s Sovereign AI supports supercomputing and drug discovery AI startups
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The UK government's £500m Sovereign AI fund has announced its first cohort of startups, focusing on supercomputing and drug discovery AI. The fund aims to boost economic growth and national security by supporting British startups.
The UK government's £500m Sovereign AI fund has backed its first cohort of startups, focusing on supercomputing and drug discovery AI. The fund, launched on April 16, aims to boost economic growth and national security by supporting British startups. Six recipients have been allocated computing resources through the AI Research Resource. The fund has also agreed Right of First Refusal investment options with some recipients. The first equity investment will be in AI infrastructure startup Callosum. The fund will continue to assess applications for computing resources worth tens of millions of pounds.
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