NVIDIA's (NVDA, Financial) CEO Jensen Huang recently discussed the UK's position as a leading AI ecosystem, noting its strong academic institutions and innovative startups like DeepMind, Wayve, and Syntheasia. Despite these strengths, he pointed out the lack of computing infrastructure as a barrier to fully realizing its potential. Huang emphasized the UK's status as a prime investment destination, citing its robust AI community and substantial venture capital funding, third only to the US and China.
The UK's Financial Conduct Authority (FCA) has announced a new framework to allow financial firms to test AI tools in a controlled environment starting in October. The initiative, developed in collaboration with NVIDIA, aims to provide cutting-edge computing capabilities and customized AI support. It is designed to assist companies in the early stages of AI exploration by offering expert guidance, access to quality data sets, and regulatory support.
The UK government has also partnered with major tech companies to support a skills initiative aimed at training 7.5 million employees in AI by 2030. This multi-faceted approach seeks to boost the UK's role in the global AI landscape.
