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Tech Tycoons Must Not Be Allowed to ‘Let Rip’ with AI, Minister Warns

The package includes a £200 million biosecurity lab and new cyber and security funding as ministers seek to speed adoption and curb AI risks.

Summary by City AM
AI minister Kanishka Narayan has hinted at new measures in next week’s Budget, as the government considers tougher regulation of AI alongside plans to reduce Britain’s dependence on foreign technology. Narayan said ministers must go beyond regulating AI and develop domestic technology to give Britain greater influence over how it is used. Speaking on BBC’s [...]

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Evening StandardEvening Standard
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Center

Tech tycoons must not be allowed to ‘let rip’ with AI, minister warns

The Budget will include hundreds of millions of pounds of investment in artificial intelligence.

·London, United Kingdom
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Lean Left

MINISTER Narayan stresses that the state must govern artificial intelligence to prevent the dominance of oligarchs and protect jobs.

·Zagreb, Croatia
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BBC News broke the news in London, United Kingdom on Friday, October 23, 2026.
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