P408news.today408Wed 28 Oct09:55

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UK government invests £600m in AI to counter emerging threats

The UK government is investing over £600m in artificial intelligence, including a £100m biosecurity lab and support for domestic chip design, amid warnings of dependence on foreign tech giants.

The UK government is investing over £600m in artificial intelligence as part of efforts to develop sovereign capability and defend against AI-enabled threats. The investment includes a £100m national AI Biosecurity Lab to protect against biological and cyber threats, with OpenAI and Anthropic providing £200m in AI credits. Industry leaders have warned that without a comprehensive strategy, Britain risks becoming dependent on foreign technology companies, particularly after a recent Google Cloud outage disrupted banks and courts. Research from the Bank of England and Financial Conduct Authority found that British banks rely heavily on three major cloud providers for 79 per cent of their AI relationships.

From 4 outlets:

The Independent›

TechRadar›

City AM›

The Register›

Summary written by AI from these reports. See news.today/ai

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