AI minister: UK sets sights on global AI leadership, not Silicon Valley emulation Tech AI minister Kanishka Narayan said the UK must build enough domestic AI capability to “shape our own destiny” rather than rely on overseas tech giants as the government accelerates its push to develop sovereign AI infrastructure. Narayan told City AM that AI had become “the defining currency” of geopolitical and economic power, arguing that the [...]
AI startup boss warns UK cannot become ‘dependent’ on overseas tech Tech UK AI infrastructure company Valarian has raised $50m (£37m) in fresh funding as its boss said countries should focus on controlling AI infrastructure rather than competing to build their own frontier models. The Series A round, led by Silicon Valley investor New Enterprise Associates (NEA), takes the London firm’s total funding to $70m and marks [...]
Fractile lands $220m as ministers hail ‘vote of confidence’ in UK AI Tech British AI chip startup Fractile has raised $220m (£165m) in fresh funding with the government pointing to the deal as evidence the UK can produce globally competitive AI infrastructure companies. The London-founded company, which is developing next-generation chips designed to speed up AI inference – the by which AI models generate responses – said the [...]
AI security officials test Anthropic cyber threat as Bank of England to convene chiefs April 11, 2026 AI minister Kanishka Narayan has said that Anthropic’s new cyber model was the most powerful seen yet as finance chiefs from the Bank of England and Treasury are set to meet next week to discuss the threats posed to the financial sector. Narayan revealed that Claude Mythos, a new model that was held back from [...]
AI minister defends billions amid ‘phantom funding’ scrutiny March 10, 2026 Britain’s multi billion-pound push to build sovereign AI capacity will inevitably include projects that are still taking shape rather than fully deployed capital, the UK’s AI minister told City AM, as scrutiny intensifies over the government’s headline investment figures. Kanishka Narayan, who was appointed as AI and online safety minister last September, said the scale [...]
AI minister promises UK visa fast-track for global talent February 11, 2026 Britain will reimburse visa fees and speed up processing for international AI talent, as the government pushes to turn the country into a global hub for the technology. Speaking at the London AI Hub last night, AI minister Kanishka Narayan said a new dedicated AI “talent stream” would sit by a broader effort to train [...]