The daughter-in-law of former British Prime Minister Tony Blair will head the Government’s taxpayer-backed £500million Sovereign AI fund.
Suzanne Ashman, who married Euan Blair in 2013, will join the fund as a managing partner, the firm announced on Tuesday.
The 37-year-old venture capitalist previously worked as a general partner at two London-based venture capital firms, LocalGlobe and Latitude. She will lead investments with the goal of boosting ‘homegrown’ AI companies in the new role.
The Government’s Sovereign AI fund, launched in April, is a £500million state-backed investment initiative which aims to grow the UK’s AI startups in order to reduce dependence on foreign
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