1/ 18 months into @pluralplatform, we’ve raised a new €400M fund. This is an endorsement of the first 26 teams we’ve backed and the level of ambition now emerging from Europe: https://t.co/ijeAALpaUD
AI is powering a new era of British growth. And this is just the beginning.
I'm determined to seize this opportunity to reindustrialise Britain, create good jobs, free up money for public services, and spread prosperity to every corner of our country.
@ednewtonrex@amolrajan Broadening your consideration beyond the interests of UK creatives to include the UK AI industry, do you think what the UK is doing at present is in the overall national interest?
The second half of my interview with @amolrajan is out - this time answering questions from his listeners. Their questions cover some hard topics e.g. the UK's approach to copyright and building data centres as well as sovereignty & extreme risks. https://t.co/uQh4tFp74N
@ednewtonrex@amolrajan Something I'd love to see from someone like yourself (who like me, values both the creative industries and startups) is a pragmatic proposal that solves for both of these constituencies. From what I can tell, the status quo feels like we're failing both as a country.
Excited to see that the Aaronson-Ambainis conjecture has apparently been proved! But depressed to see the amount of completely incorrect commentary on its implications, so here's an attempt to clear things up.
A small theory of mine is that Rishi Sunak’s decision to set up the AISI might be one of the most important prime ministerial decisions of this century.
I did an interview with Amol Rajan on AI and the UK amongst other things. Has been a while since I did one of these longer form interviews so let me know if you find it useful!
I believe Ian Hogarth - @soundboy - deserves much wider and deeper credit and recognition for voluntarily forfeiting shares in Anthropic so that he could set up and run the AI Security Institute (@AISecurityInst) - where he, and Britain, are generally acclaimed to be doing an outstanding job. (Something else he deserves greater credit for).
This noble decision was *very* expensive.
I also believe, and hope, that for our fast-growing audience this may be one of the most useful conversations they hear about Technology this year. We go deep on:
> What is AI?
> The real rate at which it is developing
> The race dynamic in global innovation
> Humanity’s fork in the road
> The significant chance of a huge market crash
> The exhilarating case Quantum Computing
> The exhilarating case for Fusion
> The exhilarating potential for Robotics
> Why outstanding British companies sometimes struggle to scale
> How Britain, and Europe, can lead
> The Future of jobs
> How Founders succeed
> His noble decision to do a public service role
> His fantasy for Battersea Power station
Ian is co-Founder and Partner at Plural, and co-Founder and Chair of the UK's AI Security Institute (@AISecurityInst).
This was a great, immensely useful conversation and I'd be honoured if you lent an ear to The Amol Rajan Connection.
Out now on Spotify, Apple Podcasts, Amazon Music and YouTube.
Thanks for your time and attention to this matter.
We are hiring a Head of Private Office and two Private Secretaries at @AISecurityInst to work with me (Chief Strategy Officer) and @HZoete (Director).
If you’re sharp, ambitious, and want to help us run an important and fast-moving organisation, read on!
1/ In February, I traveled to the artic circle to watch Hypersonica successfully conduct the first privately funded hypersonic test flight in Europe. The company has now raised a €100M Series B. @pluralplatform is doubling down as they move to delivery.
6/ Europe built Concorde, and then took its foot off the pedal. Hypersonica is building on that heritage, and making sure this new evolution of the technology is developed, owned and controlled in Europe.
BREAKING
The Treasury’s entrepreneurship adviser has announced she is quitting.
Alex Depledge tells my colleague @hannahprevett start-ups are treated as a “sideshow�� and a “nice to have”.
“Entrepreneurship can’t be seen as a good news bonus on the margins of economic policy. That mentality is really dangerous for British business as a whole…”
Depledge due to leave her role on Thursday, the day after the Budget.
Read her full comments here👇
https://t.co/nXx0QOGetP
Huge. British Govt announces:
• £165m: National AI Biosecurity Initiative: Includes £100m for a new AI Biosecurity Lab, using AI to detect emerging biological threats.
• £120m: AI Security Institute (AISI): Additional funding to strengthen AI risk research and evaluation.
• £70m: National Exposure and Real-Time Vulnerability (NERV) Centre: Identifying vulnerabilities in critical infrastructure.
• £60m: National Cyber Shield: Strengthening Britain’s cyber defences.
• £60m: UK Sovereign AI: Expanding investment into physical and industrial AI.
• £60m: R&D Procurement Scheme: Supporting companies developing AI security and NHS innovations.
• £30m: Mayoral AI Partnerships: Helping local businesses adopt AI, create jobs and improve public services.
• £23m : AI Economics Institute: Research into AI’s effects on productivity, employment and living standards.
• £18m: UK Advanced Chip Design Academy: Developing domestic semiconductor design expertise and reducing overseas dependencies.