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The UK government has made a significant policy shift by cancelling £1.3 billion in funding for AI and technology research. This funding, initially promised by the previous Conservative government, was aimed at enhancing the UK's status as a global tech leader but has been scrapped by the current Labour administration. The Department for Science, Innovation and Technology (DSIT) confirmed that the funds were never allocated in the budget, despite being announced recently.
The cuts include £800 million for an exascale supercomputer at Edinburgh University and £500 million for the AI Research Resource. Industry experts are concerned that these cuts will hinder the UK's technological progress, especially as AI adoption accelerates. Leaders in the tech sector are urging the government to reconsider these decisions to maintain the UK's competitive edge in the global tech landscape.
• UK government cancels £1.3 billion AI funding, impacting technological progress.
• Industry leaders express concerns over the future of AI innovation in the UK.
The cancellation of this resource raises concerns about the UK's ability to support AI development.
The planned exascale supercomputer at Edinburgh University was expected to significantly advance the UK's computational capabilities.
Scott Lewis from Ataccama emphasized the importance of boosting AI investment for future growth.
Fraser Stewart from Lyfeguard expressed concerns about the impact of funding cuts on the UK's tech ambitions.
Libero Raspa from adesso UK highlighted the long-term consequences of funding cancellations on the industry.
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