What is Colossal and why does it matter to the fund?
Colossal is reportedly the fund's first announced recipient, building software that optimizes how different AI chips work together. As AI compute costs climb and hardware fragments across vendors, chip-interoperability tooling becomes critical infrastructure — a deliberately unglamorous but strategically central bet.
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UK Launches £500M AI Fund, Breaking Silicon Valley’s MonopolyThe UK's £500M Sovereign AI Unit acts like a VC fund, fast-tracking visas and compute to stop startups fleeing to Silicon Valley.
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