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UK pledges more AI investment, including second AI 'growth zone' for Wales

( November 20, 2025, 22:31 GMT | Official Statement) -- MLex Summary: The UK is to make an area of Wales its latest AI "growth zone" with reduced regulatory barriers. In an announcement on Thursday night, the technology ministry has promised new government funding mechanisms for British AI companies; named venture capitalist James Wise as head of its Sovereign AI Unit; enlisted high-profile industry experts as AI ambassadors and said it will make more computing power freely available to researchers and startups. Statement follows:...

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