Government AI reforms launched backed by millions in . . . The government has announced a raft of new reforms to its AI policy, backed by major investments, to shore up the UK’s place in the sector ahead of the Autumn Budget First customer Among these is a “first customer” policy wherein the government will act as a first customer for promising British startups developing AI hardware that have not been able to get off the ground without
Holyrood Magazine Article | UK Government launches new AI . . . The plan outlines how the UK will act as a “first customer” for promising UK start-ups which are building high-quality AI hardware products like chips This will be backed by an investment of £100m to support start-ups that currently struggle to get off the ground without significant capital investment, the government said
Labour hopes AI will save UK economy from jobs crisis While up to £100m will be deployed to act as a first customer for UK chip start-ups and support a new ‘sovereign AI unit’, chaired by venture capitalist James Wise