New funding for computer chips ‘to boost AI and net zero tech advances’

7 February 2024, 10:04

A woman's hand on a laptop keyboard
Romance scam reports. Picture: PA

The Department for Science, Innovation and Technology has announced more than £25m worth of investment in chip research.

More than £25 million in new funding has been unveiled for British scientists working on computer chips that could power advances in artificial intelligence (AI) and tech to help the UK reach net zero.

The Department for Science, Innovation and Technology (DSIT) has announced the new cash injection to coincide with the one-year anniversary of the department’s creation.

It will see research centres in Southampton and Bristol given £11 million each to aid scientists in their work on computer chips, including semiconductors, which are a key component in nearly every electrical device in the world, from mobile phones to medical equipment.

The increasing global reliance on technology has seen semiconductors become recognised as an area of global strategic significance.

Currently, the semiconductor production sector is dominated by Taiwan.

DSIT said the new investment will help convert UK-based scientific findings into business realities by supporting promising research and projects, and giving researchers access to state-of-the-art technology for testing prototypes.

Minister for tech and the digital economy Saqib Bhatti said: “This investment marks a crucial step in advancing our ambitions for the semiconductor industry, with these centres helping bring new technologies to market in areas like net zero and AI, rooting them right here in the UK.

“Just nine months into delivering on the National Semiconductor Strategy, we’re already making rapid progress towards our goals.

“This isn’t just about fostering growth and creating high-skilled jobs, it’s about positioning the UK as a hub of global innovation, setting the stage for breakthroughs that have worldwide impact.”

Elsewhere, an additional £4.8 million of funding has been pledged for 11 semiconductor skills projects around the country, with the aim of raising awareness of the semiconductor industry and addressing skills gaps in the UK workforce.

The latest investment is part of the Government’s £1 billion National Semiconductor Strategy, a 20-year plan to grow the UK’s semiconductor sector.

By Press Association

More Technology News

See more More Technology News

Lord Alan Sugar

Lord Alan Sugar revives Amstrad brand with new marketing agency led by grandson

Jeremy Hunt

Hunt strikes cautious tone over prospect of tax cuts in the Budget

Police with drone

Budget to include £800m to cut red tape and free-up NHS and police time

The Spotify App is shown in an Apple iPad mini

Spotify accuses Apple of scare tactics over new EU competition rules

App Store app

Apple warns of increased security risks as it opens up the App Store in EU

TikTok

TikTok refuses to recognise the fair value of your songs, says Universal Music

An electronic ankle tag

Home Office pilot that put ankle tags on migrants ‘breached data protection law’

Online Safety Act

Child sexual abuse image crimes logged by police rise by 25% – NSPCC

EA Sports sign

Games developer Electronic Arts to cut 5% of workforce

This super speedy acceleration makes "not an especially nice noise", with the journalist saying it is "bowel loosening".

Jeremy Clarkson brands supercars 'too difficult' after driving new £308k vehicle

A Google building

Inaccurate images generated by AI chatbot were ‘unacceptable’, says Google boss

An Apple store

Apple shuts down electric car project – reports

Sage sign

AI will ‘change nature’ of accounting, says Sage boss

A child using a laptop computer (PA)

More guidance needed on AI in schools, report says

Most influential Scots on TikTok

Gen Z ushering in ‘post-truth media age’, says former No 10 communications chief

UK mobile phone networks stock

Vodafone completes 3G network switch off