Crypto Mufasa
Advertise
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
  • Login
  • Register
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
Crypto Mufasa
No Result
View All Result
Home General News

The UK Is Set To Buy AI Chips Worth 130M Dollars In The Chase To Purchase Computing Power

Hania by Hania
August 21, 2023
in General News
Reading Time: 2 mins read
A A
0
The UK Is Set To Buy AI Chips Worth 130M Dollars In The Chase To Purchase Computing Power
Share on FacebookShare on Twitter
ADVERTISEMENT

Table Of Content:

  • British Prime Minister Rishi Sunak Welcomes AI
  • The Reactions To The AI Project

The UK plans on spending 130 million dollars to come up with an AI base. According to a recent report, 20% of firms cannot get access to AI power.

British Prime Minister Rishi Sunak Welcomes AI

The UK is set to build an AI resource centre by the time mid-2024 reaches. There are also reports that the UK government has already started reeling in chips from companies such as Intel and AMD and that the UK Research and Innovation is in the final stages of acquiring 5000 NVIDIA graphic processing units.

It has come to the attention of the organization that the 130$ million procured will not be enough to buy all the chips. As a result, many are speculating that the government officials advocating for the project will ask for more money to enable the project to be realized fully.

The companies in the UK have been struggling to acquire AI resources compared to the USA. There were only 1000 chips at the disposal of the country which were not enough to train AI models. A recommendation of an additional 3000 to meet the requirements was made by a UK panel.

You May AlsoLike

Mixin Network Falls Victim to $200 Million Security Breach

Mixin Network Falls Victim to $200 Million Security Breach

September 25, 2023
How To Generate Passive Income With Index Funds And ETFs

How To Generate Passive Income With Index Funds And ETFs

September 19, 2023

Also Read: Massachusetts Authorities Launch Deep Examination of AI’s Impact on Securities Industry

The UK Is Set To Buy AI Chips Worth 130M Dollars In The Chase To Purchase Computing Power

The Reactions To The AI Project

S&P Globals AI report stated that a large number of firms and organizations had not yet been fully prepared for the AI program. The senior research analyst has however said that it is still early and therefore there is enough time. At the same time, however, the major factor that will determine the success of the project will depend on who can carry the workload

We teamed with S&P Global to launch a global survey of #AI practitioners & decision-makers to see what’s driving or hindering their AI projects.

Today, we published the survey’s findings in this new 2023 Global Trends In AI report. Get the skinny here https://t.co/k9W5AQ9hwg

— WEKA (@WekaIO) August 16, 2023

Tags: crypto newsNVIDIA
Share76Tweet47
ADVERTISEMENT
Previous Post

CEO Of On-chain States How Catching Crypto Is A Must Despite Having The Worst Implications

Next Post

Ethereum Co-Founder, Vitalik Buterin Transfers 1M$ Worth Of ETH To Coinbase

Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

Related Posts

Mixin Network Falls Victim to $200 Million Security Breach
General News

Mixin Network Falls Victim to $200 Million Security Breach

September 25, 2023
How To Generate Passive Income With Index Funds And ETFs
General News

How To Generate Passive Income With Index Funds And ETFs

September 19, 2023
Singapore Has Banned The Founders Of Three Arrows Capital From Trading For 9 years
General News

Singapore Has Banned The Founders Of Three Arrows Capital From Trading For 9 years

September 14, 2023
Check Out These 7 Major Crypto Token Unlocks This Week
General News

Check Out These 7 Major Crypto Token Unlocks This Week

September 11, 2023
BitGo And A South Korean Banking Giant Partner To Make Cryptocurrency More Accessible
General News

BitGo And A South Korean Banking Giant Partner To Make Cryptocurrency More Accessible

September 5, 2023
US SEC Postpones All 7 Bitcoin ETF Applications; What Next?
Bitcoin News

US SEC Postpones All 7 Bitcoin ETF Applications; What Next?

September 1, 2023
Next Post
Ethereum Co-Founder, Vitalik Buterin Transfers 1M$ Worth Of ETH To Coinbase

Ethereum Co-Founder, Vitalik Buterin Transfers 1M$ Worth Of ETH To Coinbase

Discussion about this post

Live Prices

Stay Connected

You May Also Like

  • Terra Classic Price Prediction: What Is an Ideal LUNC Buy Zone?

    Terra Classic Price Prediction: What Is an Ideal LUNC Buy Zone?

    201 shares
    Share 80 Tweet 50
  • Elon Musk’s Silence And Its Impact On DOGECOIN

    194 shares
    Share 78 Tweet 49
  • Grayscale vs. SEC Decision Boosts XRP

    194 shares
    Share 78 Tweet 49
  • 3 Cryptocurrencies To Avoid Trading In The Upcoming Week

    193 shares
    Share 77 Tweet 48
  • Bitcoin (BTC) vs. Worldcoin (WLD) Comparative Study

    192 shares
    Share 77 Tweet 48
  • About Us
  • Contact Us
  • Work With Us
  • Privacy Policy
  • Terms Of Service

© 2022-2023 CryptoMufasa - All Rights Reserved!

No Result
View All Result
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Price Predictions
  • Google News

© 2022-2023 CryptoMufasa - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms Of Services and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Table Of Content:

×
  • British Prime Minister Rishi Sunak Welcomes AI
  • The Reactions To The AI Project
→ Index
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.