UK plans to buy AI chips from British firms to stop them leaving for the US

June 07, 2026

By Alina Maria Stan The UK government will offer to buy AI chips directly from British technology companies in a bid to keep them in the country. Technology Secretary Liz Kendall will outline plans for “strategic purchases” of semiconductor equipment from UK-based firms at London Tech Week this week, the Telegraph reported. The initiative includes access to taxpayer-backed funding […] This story continues at The Next Web

Source:: The Next Web

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