--- title: Speakers Point to Risk Appetite And Capital as UK... description: UK defense and finance leaders at the City Quantum & AI Summit said slow institutional risk-taking, not procurement rules, is blocking AI and quantum tech from... canonical: https://daily.dev/posts/speakers-point-to-risk-appetite-and-capital-as-uk-deep-tech-bottlenecks-at-city-quantum-ai-summit-raztmexfu twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Speakers Point to Risk Appetite And Capital as UK Deep-Tech Bottlenecks at City Quantum & AI Summit | daily.dev og:description: UK defense and finance leaders at the City Quantum & AI Summit said slow institutional risk-taking, not procurement rules, is blocking AI and quantum tech from... og:url: https://daily.dev/posts/speakers-point-to-risk-appetite-and-capital-as-uk-deep-tech-bottlenecks-at-city-quantum-ai-summit-raztmexfu og:image: https://api.daily.dev/og/posts/RAztMeXfU.png og:image:alt: Speakers Point to Risk Appetite And Capital as UK Deep-Tech Bottlenecks at City Quantum & AI Summit og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Speakers Point to Risk Appetite And Capital as UK Deep-Tech Bottlenecks at City Quantum & AI Summit **[The Quantum Insider](https://daily.dev/sources/thequantuminsider)** · 11 min read · 0 upvotes · 0 comments ## Summary UK defense and finance leaders at the City Quantum & AI Summit said slow institutional risk-taking, not procurement rules, is blocking AI and quantum tech from reaching UK armed forces. Admiral Sir Tony Radakin said finishing a defense business case for programs over £200 million takes more than 1,000 days on average. Helsing's Ned Baker called the problem cultural, not a bad rulebook. Multiverse Computing said its model compression tech cuts size by 95% and energy use by 50% while running two to three times faster. British Business Bank Chair Stephen Welton said its £100 million stake in OQC's £260 million Series C was meant to signal UK capital can anchor deep tech firms, and pointed to a planned £1 billion-plus UK Scale-up Fund. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### Why is it taking so long for the UK military to adopt AI and quantum technology? The bottleneck is institutional risk appetite, not procurement rules. Admiral Sir Tony Radakin, former Chief of the Defence Staff, said finishing a UK defense business case for a program over £200 million takes more than 1,000 days on average before any contract is signed. Helsing's Ned Baker said the issue is cultural: people need to feel empowered to take risks rather than needing rules removed. _Those tracking defense tech and procurement reform follow summit coverage like this on daily.dev._ ### How much did Oxford Quantum Circuits raise in its Series C funding round? Oxford Quantum Circuits (OQC) closed a £260 million Series C round in June 2026, with £100 million of that coming from the British Business Bank. Bank Chair Stephen Welton said the investment was meant to show private UK investors that British capital can anchor British deep tech companies, not just support sovereignty or national security. _Investors weighing UK deep-tech funding rounds can follow quantum computing financing news on daily.dev._ ### How much can Multiverse Computing's AI model compression technology reduce model size and energy use? Multiverse Computing's compression technology can shrink an AI model to 5% of its original size, cut energy consumption by 50%, and run two to three times faster, according to the company's Head of Defence, Alberto Reguera Guerrero. This lets existing models run on a drone, sensor or vehicle using current hardware and software without waiting for new chips. _Engineers evaluating model compression trade-offs for edge AI can track these benchmarks on daily.dev._ ## Similar posts on daily.dev - [In an Age of Deep Tech, The City Summit Bets on Human Connections](https://daily.dev/posts/in-an-age-of-deep-tech-the-city-summit-bets-on-human-connections-zamikv8ll) · The Quantum Insider · 0 upvotes · 0 comments - [UK tech chief wants pension funds to back AI startups](https://daily.dev/posts/uk-tech-chief-wants-pension-funds-to-back-ai-startups-apln3wvzj) · The Next Web · 0 upvotes · 0 comments - [U.K. Budget Leaves Quantum Out—But Builds the Infrastructure the Sector Will Rely On](https://daily.dev/posts/u-k-budget-leaves-quantum-out-but-builds-the-infrastructure-the-sector-will-rely-on-s1y98as7t) · The Quantum Insider · 0 upvotes · 0 comments - [AMD, Nebius and Starmer pour billions into UK AI at LTW](https://daily.dev/posts/amd-nebius-and-starmer-pour-billions-into-uk-ai-at-ltw-vktgmfpdt) · The Next Web · 0 upvotes · 0 comments - [Five architects of the AI economy explain where the wheels are coming off](https://daily.dev/posts/five-architects-of-the-ai-economy-explain-where-the-wheels-are-coming-off-tucvkbryi) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#venture-capital](https://daily.dev/tags/venture-capital), [#quantum-computing](https://daily.dev/tags/quantum-computing), [#ai-governance](https://daily.dev/tags/ai-governance), [#defense-tech](https://daily.dev/tags/defense-tech) [View this post on daily.dev](https://daily.dev/posts/speakers-point-to-risk-appetite-and-capital-as-uk-deep-tech-bottlenecks-at-city-quantum-ai-summit-raztmexfu) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Speakers Point to Risk Appetite And Capital as UK Deep-Tech Bottlenecks at City Quantum \u0026 AI Summit","url":"https://daily.dev/posts/speakers-point-to-risk-appetite-and-capital-as-uk-deep-tech-bottlenecks-at-city-quantum-ai-summit-raztmexfu","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/speakers-point-to-risk-appetite-and-capital-as-uk-deep-tech-bottlenecks-at-city-quantum-ai-summit-raztmexfu"},"datePublished":"2026-10-30T14:14:44.068Z","dateModified":"2026-10-30T14:15:20.202Z","description":"UK defense and finance leaders at the City Quantum \u0026 AI Summit said slow institutional risk-taking, not procurement rules, is blocking AI and quantum tech from...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/e99b135940c6581233aa19a9bf276f87?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/e99b135940c6581233aa19a9bf276f87?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Quantum Insider","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Quantum Insider","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/7b14a6b34c1b464c9e8a88d9a0dac951","url":"https://daily.dev/sources/thequantuminsider"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/speakers-point-to-risk-appetite-and-capital-as-uk-deep-tech-bottlenecks-at-city-quantum-ai-summit-raztmexfu","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"venture-capital,quantum-computing,ai-governance,defense-tech","timeRequired":"PT11M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Quantum Insider","item":"https://daily.dev/sources/thequantuminsider"},{"@type":"ListItem","position":3,"name":"Speakers Point to Risk Appetite And Capital as UK Deep-Tech Bottlenecks at City Quantum \u0026 AI Summit"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/speakers-point-to-risk-appetite-and-capital-as-uk-deep-tech-bottlenecks-at-city-quantum-ai-summit-raztmexfu#faq","mainEntity":[{"@type":"Question","name":"Why is it taking so long for the UK military to adopt AI and quantum technology?","acceptedAnswer":{"@type":"Answer","text":"The bottleneck is institutional risk appetite, not procurement rules. Admiral Sir Tony Radakin, former Chief of the Defence Staff, said finishing a UK defense business case for a program over £200 million takes more than 1,000 days on average before any contract is signed. Helsing's Ned Baker said the issue is cultural: people need to feel empowered to take risks rather than needing rules removed. Those tracking defense tech and procurement reform follow summit coverage like this on daily.dev."}},{"@type":"Question","name":"How much did Oxford Quantum Circuits raise in its Series C funding round?","acceptedAnswer":{"@type":"Answer","text":"Oxford Quantum Circuits (OQC) closed a £260 million Series C round in June 2026, with £100 million of that coming from the British Business Bank. Bank Chair Stephen Welton said the investment was meant to show private UK investors that British capital can anchor British deep tech companies, not just support sovereignty or national security. Investors weighing UK deep-tech funding rounds can follow quantum computing financing news on daily.dev."}},{"@type":"Question","name":"How much can Multiverse Computing's AI model compression technology reduce model size and energy use?","acceptedAnswer":{"@type":"Answer","text":"Multiverse Computing's compression technology can shrink an AI model to 5% of its original size, cut energy consumption by 50%, and run two to three times faster, according to the company's Head of Defence, Alberto Reguera Guerrero. This lets existing models run on a drone, sensor or vehicle using current hardware and software without waiting for new chips. Engineers evaluating model compression trade-offs for edge AI can track these benchmarks on daily.dev."}}]} ```