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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"Pro-Growth" Labour Scrapping Investment into UK Tech and AI
The so-called “government of growth” has abandoned yet another investment initiative—the £1.3 billion fund aimed at supporting UK tech and AI projects. The Edinburgh exascale supercomputer’s future has been thrown up in the air – one of the world’s fastest computers that could revolutionise breakthroughs in AI, medicine, and…clean low-carbon energy.[…] Read the rest

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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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Total News Sources13
Leaning Left3Leaning Right2Center4Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 33%
C 44%
R 22%
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