Once upon a time, Great Britain was the world’s superpower, physically controlling almost 25% of the globe. Though today’s situation is very different, they plan to somewhat regain their stronghold. Here, we will discuss how Great Britain is investing in its microchip industry, while briefly discussing the companies benefitting from the investment.
Great Britain investing in its Microchip Industry
Great Britain plans on investing a lucrative billion pounds into its microchip industry over the next 10 years. As of now, they have already announced a two-year programme named the “ChipStart UK.” This programme will delivered by SiliconCatalyst.UK, where a sum of GBP 1.3 million will be invested into a dozen semiconductor firms in Great Britain. The British Minister for Tech and Digital Economy, Paul Scully, says this will help the firms develop “the skills they need to revolutionise the lives of people not only in the UK but across the world.”
Benefitting from this investment are the likes of MintNeuro, Vaire Computing, Mignon, and more companies having origins from the UK’s top universities. MintNeuro is already working on a chip that can help patients suffering from diseases like Parkinson’s and epilepsy. This chip is hundreds of times smaller than the current leading technology. Furthermore, it can be installed in the brain with minimal surgery. MintNeuro’s chip is capable of communicating wirelessly while remaining safely in the brain for decades.
- You may also like:
Similarly, Vaire and Mignon both design hardware to run large-scale AI models. The chip powering this hardware is very efficient, thus allowing the AI models to use less power and computer resources. Furthermore, scientists at Cambridge University are working on a silicon chip processor that requires almost zero energy to run. If this research bears fruit, we could see smartphone’s battery life improving drastically. This improvement will let our phone retain its battery for a month before finally having to plug it in.
All in all, Great Britain aims to shape and mould these companies into the next generation of microchip leaders. In conclusion, we hope this programme, beneficiary firms, and their semiconductors will lead us to technological advancements that will bring about positive changes.
- Meanwhile, check out our Sony WF-1000XM5 review.