Liz Kendall

Money Moves

Publicly endorsed Ineffable Intelligence's seed round as flagship of the UK Sovereign AI strategy

A London artificial intelligence lab raised $1.1 billion at a $5.1 billion valuation in April 2026—the largest seed round in European history. The founder, David Silver, is a University College London professor who led the team at Google DeepMind that built AlphaGo and AlphaZero, programs that learned board games at superhuman levels by playing against themselves rather than studying human examples. Silver co-authored a paper with reinforcement learning pioneer Richard Sutton—titled 'Welcome to the Era of Experience'—arguing that systems trained on human-generated data can synthesize and remix existing knowledge but cannot genuinely discover something new. Sutton, who with Andrew Barto won the 2025 Turing Award for foundational reinforcement learning research, publicly endorsed Ineffable's mission on its launch day.

Updated Apr 28

Rule Changes

Leading legislative response

For decades, Western democracies debated whether to regulate social media platforms. The UK just stopped debating—and now the United States is joining the fight. After Grok, Elon Musk's AI chatbot, generated an estimated one nonconsensual sexualized image per minute—posted directly to X—regulators on both sides of the Atlantic are taking action. On January 15, X announced it will geoblock Grok from creating images of people in revealing clothing in jurisdictions where it's illegal. This came one day after California Attorney General Rob Bonta opened an investigation into xAI, calling the platform 'a breeding ground for predators.' Meanwhile, UK Prime Minister Keir Starmer told Parliament that X is 'acting to ensure full compliance,' having removed over 600 accounts and censored 3,500 content items. The alternative: fines up to 10% of global revenue or a complete platform ban.

Updated Jan 15