LONDON Britain intends to become the first European country to produce an advanced uranium fuel that is currently commercially available only from Russia, the government announced yesterday. The U.K. government said it would invest 300 million pounds ($382 million) building a high-assay low-enriched uranium (HALEU) program that would help “displace” Moscow from global energy markets. “We … Read more
This is the season when the UK pitches itself as a technology trendsetter. In November, the government plans to convene hundreds of international financiers and executives to promote investing opportunities in British companies, including those working on nuclear fusion and “deep tech.” That same month, Prime Minister Rishi Sunak will host the inaugural AI Safety Summit, an event designed … Read more
UK government officials have held discussions with tech giants Nvidia Corp., Advanced Micro Devices Inc. and Intel Corp. about procuring equipment for national artificial intelligence research, according to the Telegraph. The government has allocated £100 million ($127 million) for AI chips, the Telegraph reported on Sunday. It said efforts may be in “advanced stages” of … Read more