Nigel Toon, chief executive, said the UK's expertise in artificial intelligence should help. Other entrepreneurs argue that the government should do more to help. Last year, ministers outlined plans for a new "office of AI" and said the government would invest £45m to fund post graduate degrees in the field …

The General Election has been and gone, but questions remain regarding the suitability of Theresa May as Britain's premier. Nonetheless, as part of traditional ritual, MPs have once again descended upon the House of Lords for the reading of the Queen's Speech, where Her Majesty details the formal plan for the current government. Brexit and Britain's security were the banner announcements, but technology also played a key part, with driverless cars and spaceports the notable inclusions. In last year's Queen's Speech, the government rammed home the message that Britain will become a leader in autonomous transportation. It's largely the same this year, with Theresa May outlining the need for car insurance to cover the use of self-driving cars so that "compensation claims continue to be paid quickly, fairly, and easily."

In addition, the money will be used for "cutting-edge" AI and robotics that can "operate in extreme and hazardous environments," including nuclear energy, space and deep mining environments. Today's Budget also unpacked the government's plans -- again, hinted at in last year's Autumn Statement -- to support fibre broadband and 5G connectivity in the UK. Starting this year, the treasury has promised to spend £200 million on a suite of local projects that will "test ways to accelerate market delivery of new full-fibre broadband networks." These include connection vouchers for businesses, new connections for schools, hospitals and other public sector buildings, and a push to bundle local public sector users "to create enough broadband demand to reduce the financial risk of building new full-fibre networks," Google Fiber style. We heard a lot about 5G at Mobile World Congress, however the super-fast network technology is still a way off.