Partner @Balderton. Investing in AI, health and energy. Chair of UK Sovereign AI. Author Start-Up Century. Mostly Generative.

United Kingdom
Joined March 2010
We’re delighted to announce our investment in Augur. Augur is building technology that can help security teams find information faster and respond sooner, with applications across public safety, serious crime and critical infrastructure. Augur is already working on capability to prevent attacks by hostile states on Britain’s critical national infrastructure. They’re also partnering with @TfL to help identify and detect sexual offending on the transport network, behaviours that disproportionally impact women and girls. We’re excited about the potential to help keep people safer, give investigators valuable time back, and spot threats before they become more serious. The Augur team is tackling an incredibly important problem and building the solution here in Britain. Read our blog below for more information on Augur’s technology.
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James Wise retweeted
Ole Lehmann
@itsolelehmannOct 7
“okay, so what? it’s just math.” no, you don't get it. here’s what OpenAI’s math breakthroughs could eventually help make possible in the real world: Vlasov–Maxwell → stronger foundations for fusion research, whose ultimate prize is virtually limitless clean energy to power civilization Calderón’s Problem → portable body scanners using electrical signals, making medical imaging cheaper and easier to access Maximum-Cardinality Matching → faster searches for compatible kidney swaps across large donor pools, helping hospitals coordinate lifesaving transplants Inverse Elasticity Problem → scans that map tissue stiffness, helping doctors locate suspicious growths inside the body Mumford–Shah Conjecture → better tools for spotting tissue changes in brain scans, helping doctors identify signs of disease Bose–Einstein Condensation → stronger foundations for quantum sensors that could help vehicles navigate without GPS Simple Stochastic Games → better safety checks for self-driving cars and robots before dangerous mistakes reach the real world Matrix Multiplication → cheaper AI and bigger scientific simulations using the same computers Edit Distance → faster DNA comparisons, helping researchers study genetic changes linked to disease The k-Server Problem → robots that waste less movement and energy, making warehouses more efficient and goods cheaper to move a reminder that math is the foundation of science. so accelerating mathematical discovery could compress centuries of scientific progress into years. insane timeline to be alive for!
OpenAI
@OpenAIOct 6
We’re releasing a broad range of new mathematical results produced by an internal frontier model. We’ve been consulting with the independent Advisory Group on Mathematics and Artificial Intelligence at the Institute for Advanced Study, and we have drawn on their advice and public recommendations to inform how we release these results. github.com/openai/math
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Meet Mistral Large 4, aka Le Chonk. • 1T parameters, natively multimodal. 49B active. It is the best open weights model from US or Europe on aggregated benchmarks. • State-of-the-art on critical workloads, including cyber defense, manufacturing and finance and it surpasses closed frontier models on visual grounding. • Forged in Europe end-to-end and is deployable from Europe via our own Mistral Cloud infrastructure. • Available to all via API today. Working with cybersecurity partners privately. Open weights release end of October.
🤖 Made with AI
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I beg you, United Kingdom of England and Wales, to celebrate properly this amazing achievement, result of bipartisan efforts, and to celebrate the achievements of this incredible young generation, against all odds, against covid, smartphones, and ambient doomerism
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Polymarket
@PolymarketAug 28
BREAKING: 𝕏 reveals it uncovered a Chinese bot farm of roughly 200,000 accounts, including hundreds used to influence U.S. debate over AI data centers & energy policy.
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A massive congratulations to @CallosumAI on raising a $100m seed round. Callosum was our first investment. We backed @achterbrain, @DanAkarca and the team because they’re building a foundational piece of the next generation of AI infrastructure. It’s brilliant to see that conviction shared by leading investors.
Today we announce our $100M seed round to redefine how humanity computes in AI's next chapter. The future of compute and AI is heterogeneous. Callosum is building it: callosum.com/blog/seed-round
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the uk has been offering this industrial placement during the phd for decades now and it’s a good idea to scale it in the us!
Today, roughly the same amount of basic research is done in industry as in academia. It’s time our doctoral training reflected that. @NSF is launching a first-of-its-kind 4-year PhD program at more than 30 universities. Students will spend a year+ embedded with industry partners doing research that informs their dissertation.
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want to help shape how the world understands ai in 2026 with the most trusted and widely read @stateofai report? i’m hiring a research analyst to find the signal and build original analysis this summer remote + paid - apply by 28 july stateof(dot)ai/analyst
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This is not how founders should be spending their time; chasing payment for services delivered.
Very sorry to have to have to do this, but I wanted to flag that @WeAreBrightBlue is owed £18,900 from the investment firm C5 Capital, who are now about 2.5 months late in paying two separate invoices for services we have delivered for them. We delivered one of these services in partnership with @thefabians. They wrote to me that these invoices would be paid in their payment run at the end of May. They then wrote that they would pay Bright Blue in their payment run at the end of June. This has not happened. They have provided no explanation for this.  These payments are essential for the cash flow of our business and legally due to us. This is C5 Capital: c5capital.com
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Because maybe, you’re going to be the one that saves me.
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The defining purchase decision for the next generation of cars will be the quality of the AI driver. The world's largest automakers are betting that @wayve_ai is their answer. wsj.com/business/autos/wayve…
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The CEO of ASML said Europe is "quite behind" in the AI race. This is not a politician. This is the man who controls the only machines on earth that can print advanced chips. Every semiconductor fab from TSMC to Samsung needs his approval to exist. And he did not stop there. Europe has been having the sovereignty conversation for three years. Build fabs. Reduce dependence. Catch up. It sounds right. He said it is the wrong order entirely. His reasoning is blunt. Semiconductor manufacturing is only needed if you have people buying the chips. If Europe built a two nanometer fab today, most of those wafers would ship straight to the United States. Because the US buys 80% of the world's advanced chips. Europe buys almost none. You cannot manufacture your way to relevance. You have to create demand first. His actual sequence: start with the market. Build AI applications. Then AI products. Then chip design. Then and only then does chip manufacturing make sense. Europe skipped four steps and went straight to the last one. The sovereignty debate is loud in Brussels right now because of US export controls on AI models. Politicians are scared. The instinct is to build. He is saying the instinct is wrong. You do not get sovereignty by building factories. You get it by having something the world wants to buy. (Watch the full 11 minutes Interview at @BloombergTV on YouTube)
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A few words on the Sovereign AI debate, having built several LLMs in Meta while in the UK and now working as a UK based startup: 1. Lots of people are trying to do the right thing to make the UK a better place to start AI companies. Time lags until the benefit show, but you should judge on the intent now. I support the direction of travel! 2. DeepMind has been enormously beneficial for the UK, but it has muddied the waters for a sovereign LLM company to emerge as (until recently) the Government continued to celebrate it as a British achievement / push it as a national champion. 3. Similarly, people are now celebrating recent US investment in King’s Cross, while also wanting more UK sovereignty. Clearly some income effects here, but I would worry about the substitution effects too. AI is not like other types of foreign investment. 4. The relevant talent nexuses in UK that could develop a competitive foundation model are from GDM and old Meta AI GenAI. Also some folks from smaller groups, ex Conjecture, Stability. The talent is still there, although a lot was snapped up by US FM companies in the past year. I personally think it’s not too difficult to develop new talent either from UK universities, but you probably need an ex GDM or Meta core (Gemini or Llama). Or if not: show evidence first (technical reports) before claiming you can do it. 5. Building an LLM is very different from doing regular AI research - skillset is different. Former is closer to engineering; long hours, often unsexy work. Important to distinguish between these two types of talent in the UK ecosystem; arguably too much focus on the latter / ideas guys. 6. On research - DeepSeek R1 post-train cost $300k . Yes, they also needed an ablation budget and to train a base model, invest in infra and talent - and yes the cost of an R1 moment is increasing year on year - but the idea that you need $1bn plus immediately to show results is complete FUD. You need billions to scale, not to validate new directions. 7. In my experience, every failed LLM effort (from model results perspective) I witnessed in the past came from a combination of poor leadership, politics, unclear vision, and premature scaling. Good efforts usually started from small teams who had worked with each other for a long time, had shared thesis, and scaled progressively in bite-sized pieces. Some recent lessons here for neolabs as well. 8. Things take time. Eg we’ve spent ~12 months mostly on internal infra just to get into the position to be able to make big swings. It’s important to nurture new companies through the initial phase. Expectation management is also crucial. I think expecting new UK companies to have single big bang releases is very dangerous; sort of like overwatering a plant. The correct release pattern is “decent”. “decent”, “decent”, “quite good actually”, “holy shit”. 9. Please don’t allow politicians or journalists to kill recent or upcoming AI investment efforts. We will need way more - at the price of potential inefficiency in places - as AI is existential for the country. Ambitious projects are usually incredibly fragile in the early stages; look after them! 10. Mythos is a good triggering moment, but what’s coming will make it look like a toy, so it’s worth building for what’s coming in 5 years time - not a current generation model. Very proud to be building in the UK - more to share on that soon - alongside many other great early stage AI companies! 🇬🇧
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I get asked often: "AISI's evals show models getting rapidly better at cyber. But does that translate into the real-world capability?" So with government partners, we ran AI systems across real government code-bases. 407 findings, incl. multiple critical vulnerabilities. 🧵
Can frontier AI help defend government systems? AISI, the Government Cyber Coordination Centre, and @NCSC recently collaborated in a pilot to use frontier AI to strengthen cyber resilience across the UK public sector. You can read the results here: gov.uk/government/case-studi…
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I was delighted to speak at the AI Summit during @LDNTechWeek today. AI has the capacity and capability to transform warfare. If we don’t make progress and recognise the profound effect AI will have on the business of war, we will lose and we won’t deter.   Read my speech 👇
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We're doubling compute access for the UK's most ambitious AI startups. The response since launch has been remarkable. In just three months, we have received more than 200 applications requesting over 67 million GPU hours. Founders here are building frontier AI models, scientific discovery platforms, next-generation compute infrastructure, cybersecurity technologies, drug discovery tools, and other innovations with the potential to shape the next decade of economic growth and national capability. If Britain wants to be an AI maker, not an AI taker, we need to back our most promising startups with the compute they need to build at the frontier. Today's announcement at @LDNTechWeek does exactly that.
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A London startup called Cosine is building what it calls Britain's first sovereign frontier AI model. The model is called Lumen Sovereign. An AI you can run entirely inside your own walls.You dont' need external data transfer,foreign managed servers and code leaving the building.For banks, hospitals and defence primes,thats the only version that's legally allowed in the room. The UK government chose @CosineAI as a first partner in its £500 million Sovereign AI programme after the company's models outperformed OpenAI, Anthropic, Mistral and DeepSeek on independent coding benchmarks for two straight years. They were handed 500,000 GPU hours on Isambard AI, one of the most powerful supercomputers in Europe. Cosine is already working across UK defence primes and critical infrastructure including organisations tied to the UK's nuclear deterrent. Congratulations to @yangli_ , @AlistairPullen , @SamOfStenner n all the team members of Cosine
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British startups to “scale here” and “stay here”, as UK PM unveils £400M chip plan tech.eu/2026/06/08/british-s…
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🚨New analysis from us @BCG CfG 🚨 Ahead of today's UK AI Adoption Summit, we have looked at the potential productivity & economic gains from AI adoption in the UK. There is significant potential, up to £1 trillion added to the UK economy over 10 years. But it depends on the right kind of adoption. This means deep adoption & integration of more sophisticated AI tools, not just bolting on off the shelf tools. 🧵on our key findings & new insights (from part 1 of our work, with part 2 to follow later in summer) 1/
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