- UK AI sector is attracting roughly £200m in private investment per day
- News follows recent launch of UK’s Government AI Action Plan
- Plan aims to make the UK a world leader in AI
Since the Labour Government took office in July 2024, the UK’s AI sector has attracted an average of £200 million per day in private sector funding, equating to roughly £8.3 million per hour, a new report from the Department for Science, Innovation & Technology has claimed.
The news seems to support the British Government’s recent launch of a master plan to ‘unleash AI’ and develop capabilities by ‘unlocking’ public data to train AI models, including designating ‘AI Growth Zones’ to speed up AI infrastructure and data center construction.
