Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, what assessment she has made of the potential merits of her Department taking an equity stake in artificial intelligence companies as part of its Sovereign AI Strategy.
Sovereign AI is a new government VC fund backed by £500 million to invest in strategically significant UK AI companies, anchoring them here to drive national advantage.
Direct equity investment, integrated with a package of government-only support levers will be central to this mission.
This ensures Britain has a stake in the technologies shaping our future, protecting people from future economic shocks while powering UK growth.