05/14/2026 | News release | Distributed by Public on 05/14/2026 06:50
On Friday 17 April, The London Stock Exchange welcomed the Department for Science Innovation and Technology, and the Office for Investment, alongside investors founders and ecosystem partners for a market close ceremony celebrating the launch of Sovereign AI.
Sovereign AI is a UK Government-backed initiative, supported by up to £500 million of capital, designed to help UK-based high-potential AI startups and scaleups to start in Britain, scale in Britain, and win globally. Alongside investment, the programme is intended to help companies access capabilities that can be hard to secure at speed, so that frontier technologies can translate into economic growth and strengthened national resilience.
The ceremony brought together leaders and founders working at the cutting edge of artificial intelligence to recognise the UK's long-standing contributions to computing and to highlight the ambition behind Sovereign AI: backing the most promising British AI companies so they can grow into globally competitive champions.
Josephene Kant: "Friday's market close marked an important moment for the UK's AI ecosystem. Sovereign AI is about making sure the most promising AI companies are not only founded here, but have the capital, compute and support to scale here too. And if we're going to give those founders a moment when they list, let's give them a real one: it's time to bring back the bell!"
Neil Shah: "Sovereign AI sends a clear signal that the UK is serious about backing its most ambitious AI founders - not just at the point of creation, but all the way through to global scale. Bringing government, investors and founders together at the Exchange is exactly how we turn world-class research into world-class companies, and ultimately into public market champions."
To learn more about Sovereign AI, including its mission and how it will support UK AI companies, visit the Sovereign AI website.
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On Friday 17 April, The London Stock Exchange welcomed the Department for Science Innovation and Technology, and the Office for Investment, alongside investors founders and ecosystem partners for a market close ceremony celebrating the launch of Sovereign AI.
Sovereign AI is a UK Government-backed initiative, supported by up to £50
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