UK backs chip firms in AI hardware plan

A £1.1 billion UK Government plan will support chip firms, computing capacity and skills for AI. Business Wales is also preparing support to help smaller Welsh businesses adopt AI responsibly.

The UK Government has set out a £1.1 billion AI Hardware Plan to support British companies developing chips and semiconductor technologies used in AI. The plan also focuses on boosting computing power and investing in the scientists, engineers and technicians needed to turn new ideas into commercial products.

Business Wales is developing an AI awareness and adoption support programme for micro and small-to-medium enterprises (SMEs). The programme is intended to help Welsh SMEs, entrepreneurs and microbusinesses integrate AI into business practices ethically and effectively, with the goal of improving productivity, innovation and competitiveness. Businesses interested in learning more can use the Business Wales Events Finder to search for webinars and events.

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