UK AI startups are now worth 256B, says report
Get the Full StoryUK-based AI startups are now worth 256bn, according to new data from Dealroom and HSBC Innovation Banking. They also account for 22 of the country s innovation ecosystem value up from 12 in 2019. In the first half of 2024, startups in the field raised 2.1bn. And this amount is projected to more than double in the coming five months. This means they re on track for another record-breaking year, following a 4.1bn total investment in 2021. The leading AI rounds span a wide range of applications, covering sectors such as energy, healthcare, law, and finance. London-based Wayve, which develops artificial This story continues at The Next WebShare: