UK launches £500m Sovereign AI fund as Kendall backs ‘British winners’

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The UK currently hosts more than 5,800 AI firms and around 200 unicornshttps://www.cityam.com/wp-content/uploads/2025/06/54065573657_df1016c8c9_o.jpg?w=1107" />

The UK government has unveiled a £500m push to scale domestic AI firms, as ministers step up efforts to anchor the next wave of tech firms on home soil amid growing competition.

Tech secretary Liz Kendall launched the new Sovereign AI Unit in London on Thursday, casting it as a central pillar of the UK’s https://www.cityam.com/uk-launches-500m-sovereign-ai-fund-as-kendall-backs-british-winners/">[...]

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