UK Government Halts £1.3bn Tech and AI Funding
Labour administration cancels Conservative-pledged investments, putting key projects like Edinburgh's supercomputer at risk.
- £800m for Edinburgh's exascale supercomputer and £500m for AI research were part of the shelved funds.
- The Department for Science, Innovation and Technology cited unfunded commitments as the reason for cancellation.
- The tech sector, valued at £863bn, faces uncertainty without these investments.
- £300m already allocated to AI research will continue as planned.
- Officials and industry leaders urge the government to propose alternative plans for tech infrastructure.