""Our particular strengths as a country lie in areas like life sciences, financial services, the defense sector, and the creative sector. And where we will really lead the world is where we can use the power of AI in those sectors," Kendall told the Financial Times. The plans came as part of a wider AI package designed to upgrade Britain's tech infrastructure and convince entrepreneurs and investors that Labour is backing the sector ahead of next week's Budget, which is expected to raise taxes on the wealthy."
"The UK has sought to attract investment from US AI companies such as OpenAI and Anthropic. The government has signed several 'strategic partnerships' with American groups in a bid to attract foreign investment in UK AI infrastructure and talent, in exchange for adopting their technology in the public sector. Sue Daley, of lobby group TechUK, said the plan showed 'real ambition' but warned: 'Advanced market commitments of this kind must be designed carefully to avoid unintentionally distorting competition.'"
The UK plans to use AI to strengthen life sciences, financial services, defence and the creative industries, focusing on sector-specific leadership. Plans include upgrading tech infrastructure and measures to reassure entrepreneurs and investors of political backing ahead of the Budget. The UK has sought investment from US AI companies including OpenAI and Anthropic and signed strategic partnerships with American groups to attract AI infrastructure and talent, with public-sector adoption of partner technologies. TechUK's Sue Daley welcomed the ambition but warned that advanced market commitments must avoid unintentionally distorting competition. A £500 million sovereign AI unit, backed by the British Business Bank, will back startups under chair James Wise.
Read at Ars Technica
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