Chancellor Rachel Reeves has pledged to invest up to £750 million to establish the UK's most powerful supercomputer at the University of Edinburgh, reversing a prior governmental halt on a similar initiative. This funding, expected to be detailed during the Spending Review, is part of a broader strategy to enhance AI utilization across the UK. Reeves emphasizes that this investment is central to Scotland's economic rejuvenation, aiming to significantly boost the science and technology sector, ultimately facilitating a new era of national renewal via AI-driven research.
"Strong investment in our science and technology sector is part of our plan for change to kickstart economic growth, and as the home of the UK's largest supercomputer, Scotland will be an integral part of that journey."
"The proposed supercomputer will provide scientists across the UK with the compute power they need to unlock a decade of national renewal through AI and transform how various industries operate."
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