OpenAI shelves landmark £31bn UK investment package

Artificial intelligence company cites high energy costs and regulation as reasons for putting Stargate project on hold Business live – latest updates OpenAI has put on hold plans for a landmark project to strengthen the UK’s AI capabilities, citing high energy costs and regulation. Stargate UK was a part of the landmark UK-US AI deal announced last September , in which US companies appeared to commit £31bn to the UK’s tech sector, part of a larger series of investments intended to “mainline AI” into the British economy. Continue reading...

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