LONDON, June 8 : Britain set out a new £1.1 billion ($1.47 billion) plan on Monday to build domestic AI computing capacity, including a new national supercomputer and funding to back homegrown chip firms.The strategy builds on a £400 million commitment announced by Prime Minister Keir Starmer at London Tech

Tech Secretary Liz Kendall will announce "strategic purchases" of semiconductor kit from UK companies at London Tech Week, aiming to build a £37B chip industry.

"We will use the power of public procurement to support British ingenuity," Starmer told the London Tech Week conference in a speech on Monday.