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The UK government is reviving plans to develop a “Silicon Valley” equivalent in the Oxford-Cambridge ARC, aiming to boost national GDP and create 100,000 high-skilled jobs by 2035. Backed by the Department for Science, Innovation and Technology, alongside Oxford and Cambridge Universities and FTSE 100 companies, the initiative focuses on AI, infrastructure, and private capital investment. Highlighted success stories include Arm Holdings and Darktrace. While the potential is significant, global AI competition presents risks. If successful, the project could contribute £78 billion to UK GDP and help fund major public initiatives like the New Hospital Programme.
Read More »UK Government Revives Plans to Create a Silicon Valley Rival in the Oxford-Cambridge ARC
