UK AI sector attracts £200 million a day in private investment since July

UK AI sector attracts £200 million a day in private investment since July

The UK Government has claimed an average of £200 million in private sector investment has been funnelled into the UK’s world leading AI sector a day since last summer – an average of more than £8.3 million every hour – fuelling the government’s Plan for Change to fix the foundations of the economy.

More than £14 billion pounds worth of investment into the UK and thousands of new jobs have been confirmed since the AI Opportunities Action Plan was published this month, as companies from around the world back Britain’s new blueprint to ensure it can fully realise the opportunities of artificial intelligence.

It follows £25 billion worth of new investment into the UK’s data centre infrastructure announced at the Global Investment Summit earlier this year, bringing the total to £39 billion in the last six months.

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