AI Growth Zones ‘to unlock fresh investment’

WALES could be in line for billions of pounds in AI investment thanks to its new AI Growth Zones, the UK Government says.

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Ministers announced in January they planned to create growth zones across the UK to help speed up the development of data centres and other infrastructure needed to power Al systems.

Now they have confirmed Wales will be home to at least one of those zones, saying the nation is on the way to becoming an Al powerhouse. Each growth zone could attract billions in private sector investment.

‘The UK Government wants to increase the UK’s computing capacity 20-fold and has committed £2bn to its AI Opportunities Action Plan to make sure the country has the computer processing power it needs.

New generation data centres allow researchers and businesses to process huge amounts of data quickly. That could lead to innovations in areas from healthcare and cancer treatments through to finding ways to solve the climate crisis.

Building those data centres and research hubs would help create construction jobs and pave the way for future hi-tech and research jobs.