Artificial Intelligence: Takeovers
The question
To ask the Minister for the Cabinet Office, what his policy is on the acquisition of UK Artificial Intelligence firms by foreign-owned firms.
Answered by Ms Abena Oppong-Asare
The government has powers under the National Security and Investment Act 2021 to review and, where required, intervene in investments that may pose a risk to national security. The NSI Act both facilitates investment into sensitive sectors - such as artificial intelligence - with appropriate safeguards where needed and provides powers to act where necessary and proportionate.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →