UK firms can win a significant chunk of the AI chip market | John Browne

Britain's legacy in chip design is world-class, and we could supply up to 5% of global demand if we get our act together

The UK is in a uniquely promising position, far too little understood, to play a lucrative role in the coming era of artificial intelligence - but only if it also grabs the opportunity to start making millions of computer chips.

AI requires vast numbers of chips and we could supply up to 5% of world demand if we get our national act together.

Lord Browne is the co-chair of the Council for Science and Technology. He is the chair of BeyondNetZero and was the chief executive of BP from 1995 to 2007