The UK government is to devote £1.1 billion ($1.47bn) to build domestic compute capacity for AI tasks, as part of a wide-ranging tech sovereignty initiative.

Earlier on Monday, at London Tech Week, prime minister Keir Starmer announced a £400m commitment for purchases of specialised AI chips.

The funds announced by the government include a £750m national AI supercomputer set to become available in 2030, using a mixture of established and next-generation processors.

Next-gen chips

From the supercomputer budget, £400m will go toward next-generation chips, including £150m for inference chips that are to be purchased this summer, with priority going to British firms.