The Tech Capital Opinion

As the world embraces Generative AI, new investments in HPC and supercomputing are vital to the UK’s economic future

The UK now has a real opportunity to take a leadership position on the tech world stage, writes Spencer Lamb, Chief Commercial Officer, Kao Data.

Updated September 06, 2023 / Original September 06, 2023

The Tech Capital

By Spencer Lamb

Chief Commercial Officer, Kao Data

8 Mins

September 06, 2023 | 9:22 PM BST

In his 2023 Spring Budget speech, the Chancellor Jeremy Hunt announced a raft of measures to boost the high-performance computing (HPC), artificial intelligence (AI), and supercomputing sectors, with billions of pounds of investment aimed at making the UK a world-leading, quantum-enabled economy within a decade. Recent research from McKinsey and Company has estimated that emerging technologies such as generative AI could add the equivalent of up-to $4.4 trillion to the global economy, with life sciences among the industries that could see the biggest impact – a catalyst to help support that ambition.

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Spencer Lamb

Chief Commercial Officer, Kao Data

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