According to the Bank of England’s inflation calculator, £1 in 1960 would be equivalent to £20.21 today, based on the rising price of goods and services, and £1 in 1970 would be worth £13.84 today.
It’s a market with a high barrier to entry, and a handful of U.S. tech firms are racing to dominate it — all with the Trump administration’s blessing. The winners will shape not just the future of AI, ...