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Ultra-fast supercomputer and AI projects lose £1.3bn in Labour funding withdrawal

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August 2, 2024
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After promising a significant investment of £1.3bn in technology and AI projects, the previous Conservative administration’s commitment has been pulled by the Labour government. This decision was made by the Department for Science, Innovation and Technology (DSIT) as the promised funding was not allocated in their budget. The proposed investment included £800m for the development of a next…

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