UK Government Invests in Ineffable Intelligence to Advance Autonomous AI

The UK government has announced that its Sovereign AI Fund, together with the British Business Bank, will invest in Ineffable Intelligence, a British startup developing autonomous learning AI. Founded by AI researcher David Silver, the company aims to build algorithms that learn through experience rather than simply reproducing existing data, potentially enabling breakthroughs in science, medicine and engineering. The investment, which follows other early‑stage funding, is part of the Sovereign AI Fund’s goal to scale promising UK AI firms. The fund typically places equity investments of £1‑10 million in early and growth‑stage companies, but specific amounts remain confidential. The move follows a broader government push to strengthen homegrown AI capabilities.

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Summary adapted from content licensed under the Open Government Licence v3.0.
For details, see https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/.
Original source: https://www.gov.uk/

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