The UK Launches Its $675 Million Sovereign AI Fund
Wired·60-word summary·1 min read
The UK government has launched a $675 million Sovereign AI Fund to support domestic AI startups, aiming to reduce reliance on foreign technology. This strategic investment seeks to foster innovation within the UK’s AI sector, strengthening national capabilities and promoting economic growth through increased research and development in artificial intelligence.
A counterfeit Ledger wallet sold on a marketplace contains a hidden chip and specialized firmware aimed at stealing seed phrases and PINs immediately. The fake device highlights security risks associated with unverified hardware, emphasizing the importance of purchasing from trusted sources. The incident underscores ongoing threats in the crypto hardware wallet market, with no specific date provided for the discovery.