UK government will buy tech to boost AI sector in $130M growth push
PositiveArtificial Intelligence

- The UK government has announced a plan to invest $130 million to enhance the country's AI sector by purchasing technology that supports British startups focused on AI hardware. This initiative aims to provide guaranteed payments to these startups, fostering innovation and growth within the industry.
- This development is significant as it underscores the UK government's commitment to bolstering its AI capabilities, potentially positioning British startups as key players in the global AI market. The financial support may lead to increased technological advancements and job creation in the sector.
— via World Pulse Now AI Editorial System