The British government’s aim to turn the UK into a global leader in the development of AI is “unrealistic,” at the University of Cambridge argue. According to the associated report, the country lacks both the necessary capital investment and computing power to build AI fast enough to compete with tech giants such as Microsoft, Google, and OpenAI. “The UK has no companies big enough to invest meaningfully in foundation model development,” said Sam Gilbert, co-author of the report. “State spending on technology is modest compared to China and the US, as we have seen in the UK…This story continues at The Next Web