Britain expands support for domestic AI hardware
The UK government has announced a £100 million initiative to strengthen the country’s AI sector. As part of the plan, it will guarantee the purchase of newly developed British AI chips.
Fear of an AI bubble returns to Wall Street
Concerns about a growing AI bubble resurfaced last Thursday as US markets gave up a brief rally sparked by strong Nvidia earnings. Although Nvidia reported continued strong demand for its data-center chips, the gains quickly faded and tech stocks came under pressure.