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Labour pulls £1.3bn funding for ultra-fast supercomputer and AI projects

  • The new Labour Government has shelved £1.3 billion of "unfunded" investment for UK tech and AI projects promised by the previous Conservative government.
  • The Department for Science, Innovation and Technology stated no new funding had been allocated by the prior government, so projects won’t proceed.
  • Initial plans included £800 million for an exascale supercomputer at the University of Edinburgh and £500 million for the AI Research Resource.
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Government cuts £1.3bn of UK tech and AI funding

Labour said the previous Conservative administration had not allocated the funding in spending plans.

·London, United Kingdom
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  • 44% of the sources are Center
44% Center
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Nation.Cymru broke the news in Wales, United Kingdom on Friday, August 2, 2024.
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