NEWPORT, WALES - DECEMBER 01: John Peploe (L), Facilities Director of KLA, gives a tour to Prince William, Prince of Wales during a visit at the semiconductor manufacturer SPTS, a division of KLA, ahead of the Wales Investment Summit on December 01, 2025 in Newport, Wales. Organized by the Welsh Government at the ICC Wales, the Summit will bring together over 300 delegates from almost 30 countries across sectors including clean energy, technology, life sciences, financial services, manufacturing and the creative industries. Wales is currently home to around 1,480 overseas-owned companies employing more than 174,000 people. (Photo by Matthew Horwood/Getty Images)

NEWPORT, WALES - DECEMBER 01: John Peploe (L), Facilities Director of KLA, gives a tour to Prince William, Prince of Wales with Andrew Evans of SPTS watching during a visit at the semiconductor manufacturer SPTS, a division of KLA, ahead of the Wales Investment Summit on December 01, 2025 in Newport, Wales. Organized by the Welsh Government at the ICC Wales, the Summit will bring together over 300 delegates from almost 30 countries across sectors including clean energy, technology, life sciences, financial services, manufacturing and the creative industries. Wales is currently home to around 1,480 overseas-owned companies employing more than 174,000 people. (Photo by Matthew Horwood/Getty Images)

NEWPORT, WALES - DECEMBER 01: Prince William, Prince of Wales gets a tour by Andrew Evans of SPTS during a visit at the semiconductor manufacturer SPTS, a division of KLA, ahead of the Wales Investment Summit on December 01, 2025 in Newport, Wales. Organized by the Welsh Government at the ICC Wales, the Summit will bring together over 300 delegates from almost 30 countries across sectors including clean energy, technology, life sciences, financial services, manufacturing and the creative industries. Wales is currently home to around 1,480 overseas-owned companies employing more than 174,000 people. (Photo by Matthew Horwood/Getty Images)

NEWPORT, WALES - DECEMBER 01: Prince William, Prince of Wales gets a tour by Andrew Evans of SPTS during a visit at the semiconductor manufacturer SPTS, a division of KLA, ahead of the Wales Investment Summit on December 01, 2025 in Newport, Wales. Organized by the Welsh Government at the ICC Wales, the Summit will bring together over 300 delegates from almost 30 countries across sectors including clean energy, technology, life sciences, financial services, manufacturing and the creative industries. Wales is currently home to around 1,480 overseas-owned companies employing more than 174,000 people. (Photo by Matthew Horwood/Getty Images)

NEWPORT, WALES - DECEMBER 01: Prince William, Prince of Wales talks to employees during a visit at the semiconductor manufacturer SPTS, a division of KLA, ahead of the Wales Investment Summit on December 01, 2025 in Newport, Wales. Organized by the Welsh Government at the ICC Wales, the Summit will bring together over 300 delegates from almost 30 countries across sectors including clean energy, technology, life sciences, financial services, manufacturing and the creative industries. Wales is currently home to around 1,480 overseas-owned companies employing more than 174,000 people. (Photo by Matthew Horwood/Getty Images)

NEWPORT, WALES - DECEMBER 01: Prince William, Prince of Wales reacts during a visit at the semiconductor manufacturer SPTS, a division of KLA, ahead of the Wales Investment Summit on December 01, 2025 in Newport, Wales. Organized by the Welsh Government at the ICC Wales, the Summit will bring together over 300 delegates from almost 30 countries across sectors including clean energy, technology, life sciences, financial services, manufacturing and the creative industries. Wales is currently home to around 1,480 overseas-owned companies employing more than 174,000 people. (Photo by Matthew Horwood/Getty Images)

NEWPORT, WALES - DECEMBER 01: Prince William, Prince of Wales talks to employees during a visit at the semiconductor manufacturer SPTS, a division of KLA, ahead of the Wales Investment Summit on December 01, 2025 in Newport, Wales. Organized by the Welsh Government at the ICC Wales, the Summit will bring together over 300 delegates from almost 30 countries across sectors including clean energy, technology, life sciences, financial services, manufacturing and the creative industries. Wales is currently home to around 1,480 overseas-owned companies employing more than 174,000 people. (Photo by Matthew Horwood/Getty Images)

This photo taken on October 14, 2025 shows a general view of the offices of AI-powered age verification start-up Yoti in London. As governments crack down on online platforms from social networks to porn sites, business is booming for a specialist sector offering AI age checks based on selfies. (Photo by HENRY NICHOLLS / AFP via Getty Images) / TO GO WITH Britain-Technology-internet-biometrics-children,FOCUS by Olivier DEVOS and Mona GUICHARD