Government shelves £1.3bn UK tech and AI plans
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- The new Labour government has shelved £1.3bn of funding promised by the Conservatives for tech and AI projects, according to the BBC.
- This includes £800m for the creation of an exascale supercomputer at Edinburgh University.
- An additional £500m was intended for the AI Research Resource, which funds computing power for AI.
- Both funds were unveiled less than 12 months ago.
- The Department for Science, Innovation and Technology (DSIT) stated that the money was promised by the previous administration but was never allocated in its budget.
