The UK government's plans to axe £1.3bn of funding for tech and AI could damage the country’s standing as a tech power, says startups and VCs.
News
August 2, 2024
'The equivalent of cutting back on railroads in the nineteenth century' — UK pulls £1.3bn in AI and tech funding
Some founders and investors say that cuts could stop the country’s tech sector competing on a global scale — but others play down impact
5 min read
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Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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