UK startups attracted ~$2B for new foundation models in Q1, but energy prices loom
latticecut · x · 2026-09-10
A thread tallies roughly $2B invested in new UK foundation model companies in Q1, with newcomers including Ineffable Labs, Recursive, Inherent Labs, and multi-university projects like UCL. The author notes that energy prices remain a weakness, so the required compute will likely have to come from multiple geographies.
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