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British Business Bank commits £180 million to AI and deep-tech funds

Original: The British Business Bank is investing £180 million across six AI and deep-tech venture funds. Source: Tech.eu https://

The British Business Bank is investing £180 million across six venture funds focused on artificial intelligence and deep technology. The state-backed institution says the move will channel capital to early-stage UK companies in strategic tech sectors. The announcement, reported by Tech.eu, lands as governments across Europe push to keep homegrown AI startups funded domestically rather than losing them to US investors.

Why now: State-backed funding for AI and deep-tech startups is a hot topic amid Europe's push to compete in AI.

British Business BankTech.euUnited Kingdom

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