LONDON — The UK government has unveiled a £1.1 billion Artificial Intelligence Hardware Plan, marking one of the country's biggest technology investments aimed at accelerating AI innovation, semiconductor development and high-performance computing.

The strategy includes £750 million for a new national AI supercomputer, funding for next-generation AI chips and support for British semiconductor companies developing advanced computing technologies. The package also includes investment designed to help innovative hardware startups scale their operations and compete globally.

Ministers say the initiative will strengthen Britain's position as a global AI and technology hub, while creating skilled jobs, supporting scientific research and improving national digital resilience.

Technology experts believe greater access to computing power will help businesses, universities and startups develop advanced AI applications more efficiently, encouraging innovation across healthcare, finance, manufacturing and cybersecurity.

The investment forms part of the UK's broader ambition to expand its digital economy and attract further private-sector technology investment as global competition in artificial intelligence continues to intensify.