ReferIndia News UK sets out $1.5 billion AI hardware plan with supercomputer, chip funding

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UK sets out $1.5 billion AI hardware plan with supercomputer, chip funding

Published on: June 8, 2026, 6:39 p.m. | Source: The Economic Times

Britain is investing over a billion pounds to boost its AI computing power. A new national supercomputer is planned for 2030. The country is also backing its own chip companies with significant funding. This initiative aims to strengthen Britain's independent AI hardware capabilities. The plan includes investments in next-generation processors and skills development.

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