The renowned Bletchley Park building was the home of the World War II Codebreakers, who in 1941 helped break the secret Enigma Code used by the German government to direct ground-to-air operations on the Eastern front.
The U.K. tech sector has been flagging of late, following drops in venture capital investment. Overall capital flowing into the U.K's tech industry plummeted by 57% in the first half of 2023 to $7.4 billion, according to data from VC firm Atomico. AI is the latest technology that the country is targeting — and in which it is looking to set global standards. In June, Sunak pitched Britain as the"geographical home of global AI safety regulation." But the U.K. has a steep hill to climb to compete with major players, such as the U.S. and China.
Source: Tech Daily Report (techdailyreport.net)
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