H
recent
H
HOYONEWS
HomeBusinessTechnologySportPolitics
Others
  • Food
  • Culture
  • Society
Contact
Home
Business
Technology
Sport
Politics

Food

Culture

Society

Contact
Facebook page
H
HOYONEWS

Company

business
technology
sport
politics
food
culture
society

© 2025 Hoyonews™. All Rights Reserved.
Facebook page

UK firms can win a significant chunk of the AI chip market | John Browne

about 12 hours ago
A picture


The UK is in a uniquely promising position, far too little understood, to play a lucrative role in the coming era of artificial intelligence – but only if it also grabs the opportunity to start making millions of computer chips,AI requires vast numbers of chips and we could supply up to 5% of world demand if we get our national act together,Our legacy in chip design is world-class, starting with the first general-purpose electronic computer, the first electronic memory and the first parallel computer,Today we have Cambridge-based Arm, a quiet titan designing more than 90% of the chips powering phones and tablets globally,​With such a pedigree, it is not idle daydreaming for British companies to win a significant chunk of the AI chip market; 5% is a conservative, achievable ambition.

World-class universities, a thriving foundational AI company in DeepMind, and a robust ecosystem for innovation give the UK the practical tools it needs to compete,​The rewards of success are staggering,By 2033, the global AI chip market is projected to reach $700bn (£620bn) a year, outstripping the whole of today’s semiconductor market,Capturing that 5% means $35bn in new revenue and thousands of high-paying jobs,AI will reshape not only our economy but also our society and its security.

Yet so many misunderstand where its true value and strategic power lie,In today’s gold rush, the real fortunes belong to those who build the shovel, not just those digging for digital gold,I saw this first-hand when I was on the Intel board in California between 1997 and 2006 as Gordon Moore and Andy Grove built that company,They built the “back end” of tech’s first revolution just as Nvidia is building the much bigger “back end” now,British engineers, British brains, British business and British investors are world-class at this stuff.

But we will need the government to get on board.Consumer eyes are dazzled by OpenAI’s generative marvels.But it really is Nvidia, the company that supplies the advanced chips that make such feats possible, that reaps the market’s largest rewards.OpenAI looks as if it’s worth only a 10th of Nvidia.AMD, a semiconductor company that designs chips, is a distant second, while startups such as Cerebras and Tenstorrent jostle for a small piece of the pie.

Every AI model and application, from autonomous robots to real-time translation tools, depends on advances in chip technology.Chips are the new oil in the digital economy, determining how quickly and efficiently future applications come to life.At present, the only truly profitable giants in the AI sector are chipmakers.Some fear that China will commoditise AI chips just as it did with solar technology, causing prices to crater and incumbents to fall.The reality is more nuanced.

US export controls prevent China from accessing the world’s advanced chip manufacturing technology for the next decade, severely limiting the country’s capacity to dominate high-end AI chip markets.For now, this leaves the US as the key player, with strong opportunities for Britain as its closest ally adept at chip design.The UK has already generated a few companies such as Fractile, Flux and Oriole working in this area.But we lack the scale to match the opportunity.We should not compete with Nvidia for the compute power of datacentres but in specialised applications that break new ground: robotics, factory automation, medical devices and autonomous vehicles.

These sectors offer open terrain for innovative architectures and fresh competition,​Sign up to Business TodayGet set for the working day – we'll point you to all the business news and analysis you need every morningafter newsletter promotionToo often, UK industrial strategy is hobbled by national trepidation and lack of confidence,This must change,First the government must strongly promote our determination to compete in AI chips,Second, within a decade we must double our chip design workforce from today’s 12,000, providing incentives for more talented students to study electrical engineering and computer science with generous bursaries.

A target of 1,500 new students a year is realistic.Universities must offer the courses and the government must step up with practical financial support.​Third, the UK must use its investment levers: sovereign AI funds, the British Business Bank, the National Wealth Fund and the mandate to “buy British” by the Ministry of Defence.Fourth, the UK’s strategic relationship with the US must be a platform for deep integration with leading US chip manufacturers and access to their advanced sub-3 nanometer fabrication technology.Building robust supply chains and innovation pipelines with US partners is indispensable.

​If the UK leans in fully, the new age of AI may be written not just in code, but in silicon, bearing a very British imprint,Lord Browne is the co-chair of the Council for Science and Technology,He is the chair of BeyondNetZero and was the chief executive of BP from 1995 to 2007
cultureSee all
A picture

Old is M Night Shyamalan at his best: ambitious, abrasive and surprisingly poignant

In August 2002, Newsweek boldly anointed the stern-faced man pictured on the cover of its splashy summer issue as “The Next Spielberg”. While some might have called this an unfair comparison to one of cinema’s most legendary figures, for a then 31-year-old M Night Shyamalan, it was a childhood dream come true. The Indian-born, Pennsylvanian-raised film-maker had whetted his cinematic appetite on the images of Jaws and Raiders of the Lost Ark, and for better or worse, would find himself chasing that same level of stratospheric fame in the early days of his career.Despite the initial acclaim of The Sixth Sense, though, Shyamalan’s reputation and audience goodwill would soon begin to nosedive as his idiosyncratic directing style rubbed against the grander ambitions of his movies. But after a temporary exodus from Hollywood and a retreat to his roots in independent cinema, Shyamalan finally returned to studio film-making in 2021 with the release of Old, a masterful high-concept thriller that rekindled the director’s longtime fascination with family, parenting and the mystifying possibility of the unknown

3 days ago
A picture

‘Harlem has always been evolving’: inside the Studio Museum’s $160m new home

The iconic museum, which was founded in 1968, has been rehoused in 82,000-sq-ft building providing a new destination for Black art in New York CityCall it the second Harlem renaissance. On Manhattan’s 125th Street, where a statue of Adam Clayton Powell Jr strides onwards and upwards, and a sign marks the spot where a freed Nelson Mandela dropped by, there is bustle and buzz.The celebrated Apollo Theater is in the midst of a major renovation. The National Black Theatre is preparing to move into a $80m arts complex spanning a city block. In September the National Urban League opened a $250m building containing its headquarters, affordable housing and retail space with New York’s first civil rights museum to come

3 days ago
A picture

‘Most of it was the conga preset on Prince’s drum machine’: how Fine Young Cannibals made She Drives Me Crazy

‘Prince’s Purple Rain guitar was in the corner of the studio and his lava lamps were everywhere. You couldn’t help but be inspired’I was in a band in Hull called Akrylykz. When the Beat came to play at the Welly club we gave them a demo tape. Then they invited us to tour with them. Later, after they split up, Andy Cox and David Steele were looking for a singer for a new band and they remembered me

4 days ago
A picture

Groundbreaking British Museum show set to challenge samurai myths

A groundbreaking samurai exhibition that promises to challenge “everything we think we know about Japan’s warrior elite” spanning a millennium of myth and reality is to open at the British Museum next year.Titled Samurai, the blockbuster exhibition will reveal a world beyond armour-clad warriors and epic duels, as popularised by the noble, katana-wielding heroes of Akira Kurosawa’s classic action films and PlayStation’s hit video games.Much of the samurai myth – including even the word “samurai” – was invented long after their heyday, a modern phenomenon linked to mass media and pop culture.The exhibition, which opens in February, will also show that, far from being a male warrior cult, samurai women were educated, governed and even fought.Rosina Buckland, the exhibition’s lead curator, told the Guardian: “This is the first exhibition to tackle the myths

5 days ago
A picture

Paul Kelly: ‘Imagine by John Lennon is probably one of the worst songs ever written. I can’t stand it’

Your new album is called Seventy. You are 70 years old. And I hear you like the number 70.It’s a biblical number. It’s a very pleasing number to me

5 days ago
A picture

The Guide #216: Celebrity Traitors was a watercooler-moment smash-hit – but how long will audiences stay faithful?

That’s it then. The curiously pristine SUVs are back in the garage, the cloaks are off to the dry cleaners and your favourite hits of the 80s and 90s are safe, for a few months at least, from those absurdly melodramatic cover treatments. Yes, The Celebrity Traitors is over, having served up a finale that had just the right amount of intrigue, double-crossing and slack-jawed looks to camera from the terminally outwitted. We won’t ruin things here for anyone who hasn’t watched it yet, but for a full spoiler-filled debrief you can read Lucy Mangan’s review of last night’s drama here.It was a fitting capstone to a remarkably successful first Celebrity Traitors outing

6 days ago
trendingSee all
A picture

Ineos to cut hundreds of jobs as carmaker struggles with debts

about 14 hours ago
A picture

‘Whatever it takes’: Starbucks workers launch US strike and call for boycott

about 14 hours ago
A picture

EU investigates Google over ‘demotion’ of commercial content from news media

about 17 hours ago
A picture

Anthropic announces $50bn plan for datacenter construction in US

1 day ago
A picture

Carlos Alcaraz beats Lorenzo Musetti to put Alex de Minaur in last four: ATP Finals tennis – as it happened

about 9 hours ago
A picture

‘We’re ready for the All Blacks’: Maro Itoje builds belief in improved England

about 11 hours ago