UK Chancellor announces hundreds of millions for AI security, chips and jobs
Ahead of the Budget, UK Chancellor John Healey has announced a package of AI investments that techUK's CEO called a strong £600m+ package. It includes £165 million for a National AI Biosecurity Initiative, of which £100 million is for an AI Biosecurity Lab, plus up to £200 million in AI model credits from OpenAI and Anthropic for that lab; £120 million more for the AI Security Institute; £60 million for a National Cyber Shield that will use agentic AI; and £70 million for a National Exposure and Real-Time Vulnerability Centre. Homegrown measures include £60 million more for the Sovereign AI Fund, £60 million for Sovereign AI's R&D Procurement Scheme, and £18 million for a UK Advanced Chip Design Academy. The Chancellor also announced £10 million a year to study how AI will reshape jobs, and £23 million over three years for the AI Economics Institute.
Why it matters: If you sell AI security, chips or industrial AI into the UK, these funds and the Sovereign AI schemes are concrete doors to watch; the £10 million a year jobs work also signals where Whitehall expects disruption.
GOV.UK ↗AI-assisted, reviewed by Sorted AI
▲ 0
0 comments