#uk-tech-investment
#uk-tech-investment

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OpenAI pauses UK data centre deal over energy costs and regulation

OpenAI is pausing its UK data centre project due to high energy costs and regulatory concerns.

Fractile expansion demonstrates UK growth opportunity | Computer Weekly

Fractile is expanding UK operations with a £100m investment to build AI inference chips claiming up to 50× speed and 90% lower cost versus GPUs, adding 40 roles.

Fundraising

fromBusiness Matters

2 months ago

Leeds startup raises 23m to push UK to the forefront of the AI chip race

Optalysys raised £23m to scale photonic computing chips for secure, energy-efficient AI hardware and expand into the US.

fromIT Pro

6 months ago

Can the UK achieve AI sovereignty?

unveiled extra £1bn funding to accelerate the UK towards its goal of scaling its compute capacity by twenty-fold by 2030. Starmer was joined on stage by chief Jensen Huang, who hailed the UK's AI sector, but warned that the country lacked a critical component: "If you're in the world of AI, you do machine learning. You can't do machine learning without a machine."

Tech industry

#nvidia

fromwww.bbc.com

6 months ago