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

The Next Web
Alina Maria Stan @ The Next Web · 06/07/2026 08:50 EDT

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 […]
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