Tech Secretary Liz Kendall has announced that the government intends to develop a “hardware plan” to facilitate AI investment less than twenty days after OpenAI cancelled a multi-billion data centre project in Britain. Blaming Labour policies…
Kendall said in a speech at RUSI that the government would shift its policy to “back more British AI companies, especially in areas where we have real strengths” and work “more closely with our international partners, particularly other so-called middle power nations, including on setting the standards for how AI deployed.” ‘Middle powers’…
The Tech Secretary, who doesn’t use AI herself, said “the government will develop a UK AI hardware plan to secure Britain’s capability in chips and the semiconductor technologies that underpin the full AI hardware stack.” Another ‘plan’…
OpenAI paused its Stargate UK data centre project in the north-east on the 9th of this month, saying it would “move forward when the right conditions such as regulation and the cost of energy enable long-term infrastructure investment.” Kendall could start consulting on policies for her ‘plan’ by looking in the mirror…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”