AI startup boss warns UK cannot become ‘dependent’ on overseas tech

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AI startup boss warns UK cannot become ‘dependent’ on overseas tech

UK AI infrastructure company Valarian has raised $50m (£37m) in fresh funding as its boss said countries should focus on controlling AI infrastructure rather than competing to build their own frontier models. The Series A round, led by Silicon Valley investor New Enterprise Associates (NEA), takes the London firm’s total funding to $70m and marks [...]