“They’re makers. That’s who we back at whatever speed the problem needs.”
Fast: @microagi, transforming industries in months
Stable: @TideBusiness, compounding through the noise
Long: Early, @BioOrbitSpace, @robeaute, building for decades
Our Clock Speeds in action, below 👇
Growth in every postcode is closer than it looks.
Colts ($25M+ revenue) & Thoroughbreds ($100M+) already sit in 105 of the UK’s ~121 postcode areas.
After yesterday’s Budget, Nin Pandit sets out how to connect that growth to the communities around it: https://t.co/fu6Z8QZuPQ
Far from a summer slowdown, we've just witnessed an extraordinary quarter for the founders we've backed.
From robotics to biocomputing, from outer space to inner creativity, here are Q3's highlights from the extraordinary teams in our portfolio.
@MistralAI bet in 2023 that the best AI would be built in the open.
Three years on, European industry is queuing up to deploy their frontier models to solve their hardest problems.
Today, we're backing their €3BN Series D alongside @Samsung, Scaleup Europe Fund & PSG Equity.
The Prime Minister, @andyburnham, today asked me to attend Cabinet as Minister for AI, a sign of his deep commitment to AI's importance.
AI is likely the most significant technology in human history. Its impact will dwarf other things.
The best case for it is compelling beyond our dreams: a reindustrialised Britain, stronger national security, public services transformed for the better.
The risks, too, are real: it is right that the British public shares those worries, for jobs, for the pace of change.
The central fact is that it is happening. Nations have a narrow window to decide whether they shape AI or get shaped by it. Britain is in that window right now.
While that window is still open, I will act with pace, I will act with ambition, and I will focus relentlessly on securing British influence in shaping AI.
I will also bring to this job the place I represent - a constituency in Wales, a nation with industry and ambition at its heart, a proud history of punching above its weight on the global stage. A nation which welcomed a 12-year old and his family, gave us the best chance at opportunity, put me in Parliament as Wales' first ethnic minority MP, and now affords me the chance to make a mark in Cabinet. Diolch o galon to everyone in the Vale of Glamorgan.
https://t.co/KbdRgCFk8P