Great to see @jamespaulwise and @KanishkaNarayan launch the UK’s new £500m Sovereign AI Fund today. Here’s why it matters: Pre-2008: We grew off an over-leveraged finance boom. Post-2008: Global growth shifted to US tech + now AI. UK reality: We shrank our old engine (post-crisis rules + Brexit) without building the new one (scaled UK tech). Combine that with chronic under-investment and decade-long planning cycles → stagnation. If we can’t build sovereign, scaled AI companies, we won’t break out of this. This fund is a real step toward fixing that. Let’s make it count.