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Business & Finance · Oct 24, 2026

UK to finance 'world first' AI biosecurity lab and boost AI security funding in prebudget package

Chancellor John Healey has unveiled a package of AI and cyber security investments ahead of the October 28 Budget, including a government backed AI Biosecurity Lab with model credits from OpenAI and Anthropic and new capital for state lenders. The moves aim to position the UK as a hub for secure AI-driven life sciences while drawing scrutiny from investors and civil society.