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UK plans to buy AI chips from British firms to stop them leaving for the US

Source: thenextweb.com 1 min read

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UK plans to buy AI chips from British firms to stop them leaving for the US

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The UK government plans to offer to buy AI chips and semiconductor equipment directly from UK-based companies to keep them in the country. Technology Secretary Liz Kendall is expected to outline the strategic purchases plan at London Tech Week, alongside access to taxpayer-backed funding.

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