1br0wn, ‘the Magnificent Seven AI-obsessed US tech companies spent $200bn on research and development last year — about half the total equivalent public and private sector spending in Europe. US start-ups also attracted 73% of the $42.5bn invested globally in the AI sector last year, according to data firm CB Insights. In such a US-dominated world, Britain is at risk of becoming little more than a research offshoot.’
https://on.ft.com/3QOGozc
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