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global AI race

  • China overtakes UK in AI talent race

    Tech

    China is overtaking the UK in the global race for AI talent, as a growing share of the world’s leading researchers are trained and retained domestically rather than moving to Britain or Europe. Data cited by The Economist shows that at the 2025 conference on Neural Information Processing Systems, half of all presenting researchers began [...]

    Boris Johnson's former adviser has said China taken classified intelligence from the UK. (Photo by Leon Neal/Getty Images)
  • Nscale lands $2bn funding amid UK push to grow AI infrastructure

    Tech

    London-based AI infrastructure firm Nscale has raised $2bn (£1.6bn) in funding, raising its valuation to $14.6bn as Britain seeks to get ahead of the global AI computing race. The series C round, led by Aker ASA and 8090 Industries, has been backed by heavyweight investors including Nvidia, Dell Technologies, Lenovo, Citadel and Point72. The funding [...]

    Sir Keir Starmer's government has prioritised investment data centres as a major pillar of its plans to boost economic growth.
  • Britain’s tech sector ‘massively punches above its weight’

    Tech

    The UK’s tech sector continues to generate capital, attract global investment and talent, yet the domestic narrative often points to a country in retreat. “We have a huge narrative issue”, Russ Shaw, founder of Global Tech Advocates and London Tech Advocates, told City PM. “We’re the third largest tech ecosystem in the world. We have [...]

    Russ Shaw in a business suit speaking at a tech conference podium, emphasizing innovation and digital transformation.
  • Exclusive: Nvidia boss tells China ‘We won’t operate where we’re not wanted’

    September 17, 2025

    Nvidia chief executive Jensen Huang said he was “disappointed” with China’s internet regulator banning the country’s largest tech firms from buying Nvidia’s AI chips. The quasi-celebrity, leather jacket-wearing billionaire told City PM: “We could only be in service of a market if the country wants us to”. His response follows the Cyberspace Administration of China [...]

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