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When Will the UK Have Its First £100 Billion Tech Firm?

James Wise, general partner at Balderton Capital, says the UK could soon have its first £100 billion tech company. Wise, who also serves as chair of the UK Government’s Sovereign AI fund, says policymakers must work with investors to help British firms scale globally. He speaks to Bloomberg’s Tom Mackenzie at London Tech Week. Watch…

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James Wise, general partner at Balderton Capital, says the UK could soon have its first £100 billion tech company. Wise, who also serves as chair of the UK Government’s Sovereign AI fund, says policymakers must work with investors to help British firms scale globally. He speaks to Bloomberg’s Tom Mackenzie at London Tech Week.

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11 Comments

11 Comments

  1. @JT_Williams

    June 14, 2026 at 3:52 am

    Lower tax would be a good start

    • @witness1013

      June 14, 2026 at 9:47 am

      oh yes – that makes people much smarter and more inventive

    • @WPaKFamily

      June 14, 2026 at 11:06 am

      @witness1013 It incentivizes them to stay in their country and create their wealth in said country while knowing they will get to keep much more of what they create you muppet.

  2. @STELLVIA.

    June 14, 2026 at 5:34 am

    Given their idiotic policies , NEVER

  3. @nypd8192

    June 14, 2026 at 5:51 am

    Is it joking? No chance in at least 30 years

  4. @MrTravolta24

    June 14, 2026 at 7:20 am

    Keep waiting…

  5. @witness1013

    June 14, 2026 at 9:47 am

    It’ll happen when they invent smart British people. Oh wait – that’s not possible.. so.. never!

  6. @JulesKruijtzer

    June 14, 2026 at 12:06 pm

    Uk spends that on imprting “skilled” workers from Pakkistan

  7. @Pickle_Rick-m4o

    June 14, 2026 at 2:39 pm

    Won’t happen under the joke of a government, they are turning us into a global laughing stock…

  8. @MrTravolta24

    June 14, 2026 at 3:13 pm

    All successive governments know how to do is raise taxes. Zero innovation, zero ideas on attracting capital investment to the country.

  9. @Consistent-Nerd

    June 14, 2026 at 6:55 pm

    The UK has a weak entrepreneurship culture, made worse by the British class system. It often feels much harder for someone with a strong idea but no elite background to move up and succeed. The US seems almost the opposite, more open to ambition, risk, and people building something from nothing.

    So my guess is, not anytime soon. The UK is still too risk averse and status driven to produce that kind of founder culture at scale.

    Most people in the UK care more about where someone’s degree came from or what their background is rather than the idea itself.

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Bloomberg Technology

Tesla Deliveries Jump 25% | Bloomberg Tech 7/02/2026

Bloomberg’s Ed Ludlow breaks down reports that OpenAI is holding early-stage discussions about giving the US government a 5% equity stake. Plus, Tesla’s delivery numbers rose 25% from a year ago, beating Wall Street’s expectations by a wide margin. And, he CEO of Microsoft’s commercial business discusses the tech giant’s plan to set up a…

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Bloomberg’s Ed Ludlow breaks down reports that OpenAI is holding early-stage discussions about giving the US government a 5% equity stake. Plus, Tesla’s delivery numbers rose 25% from a year ago, beating Wall Street’s expectations by a wide margin. And, he CEO of Microsoft’s commercial business discusses the tech giant’s plan to set up a new organization with 6,000 employees to help businesses use AI.

00:00:00 – Bloomberg Tech Begins
00:01:05 – Mike Shepard, Bloomberg News
00:04:57 – Maggie Eastland, Bloomberg News
00:08:12 – Craig Trudell, Bloomberg News
00:10:38 – Stephanie Valdez Streaty, Cox Automotive
00:16:51 – Fiona Cincotta, City Index
00:23:30 – Carmen Reinicke, Bloomberg News
00:25:21 – Judson Althoff, Microsoft Commercial Business CEO
00:33:49 – Isaiah Taylor, Valar Atomics CEO
00:40:40 – Jennifer Surane, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Nuclear Reactor Powers Nvidia AI Chip in US First

Valar Atomics, a California-based nuclear startup, generated power from an advanced reactor to run an Nvidia AI chip. While just a trickle of electricity was produced, it’s the first time a next-gen reactor has done so in the US. On the heels of a demonstration of Valar’s Ward 250 reactor connecting to the Nvidia Blackwell…

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Valar Atomics, a California-based nuclear startup, generated power from an advanced reactor to run an Nvidia AI chip. While just a trickle of electricity was produced, it’s the first time a next-gen reactor has done so in the US. On the heels of a demonstration of Valar’s Ward 250 reactor connecting to the Nvidia Blackwell chip at the company’s site in Utah, Valar Atomics CEO Isaiah Taylor joins Ed Ludlow on “Bloomberg Tech.”
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Microsoft Shifts Strategy on Enterprise AI

Microsoft is mobilizing 6,000 employees in a new unit aimed at helping enterprise clients better utilize AI. Judson Althoff, CEO of Microsoft’s commercial business, discusses what is driving this move and what impact Microsoft hopes to see. He joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

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Microsoft is mobilizing 6,000 employees in a new unit aimed at helping enterprise clients better utilize AI. Judson Althoff, CEO of Microsoft’s commercial business, discusses what is driving this move and what impact Microsoft hopes to see. He joins Ed Ludlow on “Bloomberg Tech.”
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