UK minister announces major AI infrastructure and funding commitments

Kanishka Narayan announced Fractile confirming £100 million of new investment in its UK headquarters over the next 3 years.

• Main announcement: The Minister for AI and Online Safety confirmed that Fractile will invest £100 million in its UK headquarters over the next 3 years, expanding London and Bristol sites, creating a new UK industrial hardware engineering facility, and growing its UK-based team to develop next-generation AI inference systems. The speech was delivered at Founders Forum on 10 February 2026.
• Additional commitments and context: The speech also set out multiple government commitments: a standalone Sovereign AI unit equipped with £500 million, over £1 billion committed to public compute via the AI Research Resource (AIRR), ~£28 billion announced for AI Growth Zone infrastructure (first 4 months in role), £27 million for TechLocal, and the claim of over £68 billon in AI infrastructure and research investment (as stated). The address cited 2025 venture figures: $24 billion raised by UK startups and scale-ups and almost $8 billion in UK AI startup funding.