A new report has found that London has more artificial intelligence companies than Paris and Berlin combined. It also has stronger global positions in AI in industries such as finance, insurance and law.
The report by Cognitonx, entitled ‘London: the AI growth capital of Europe’ was commissioned by the Mayor of London’s office, so one would expect a positive spin, but the facts seem to speak for themselves:
It is thought that the companies are helped by a large local demand and world-leading universities helping to establish an AI cluster.
The report claims: Community and peer support for London’s start-up community is the best in Europe and London’s founders enjoy strong connections with international entrepreneurs, second only to Silicon Valley.