UK to spend £100m in global race to produce AI chips ...Middle East

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The government will spend £100m to try to win a toe-hold for the UK in the global race to produce computer chips used to power artificial intelligence. Taxpayer money will be used as part of a drive to build a national AI resource in Britain, similar to those under development in the US and elsewhere. It is understood that the funds will be used to order key components from major chipmakers Nvidia, AMD and Intel. But an official briefed on the plans told the Guardian that the £100m offered by the government is far too low relative to investment by peers in the EU, US and China. The official confirmed, in a move first reported by the Telegraph which also revealed the investment, that the go

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