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Author name: the Guardian

UK’s multibillion AI drive is built on ‘phantom investments’

date Mar 09, 2026

a multibillion-pound drive to “mainline AI into the veins” of the British economy is riddled with “phantom investments” and shaky accounting, a Guardian investigation has found. successive Conservative and Labour governments have proclaimed massive deals to build new datacentres, create thousands of jobs and construct a supercomputer. the investments have been touted as a cornerstone of the government’s promise to turbocharge the econo.

Source: theguardian.com

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