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London & Partners


City said to be the most supportive in development of artifi cial intelligence


New research by London & Partners shows that over three- quarters (77%) of international business leaders in the artifi cial intelligence (AI) sector consider London to be more supportive of AI development than other leading AI hubs. T ese fi ndings came as international delegates gathered in the capital for London Tech Week, Europe’s hottest tech event, in June. Nearly half (45%) of respondents cited supportive government


incentives and policies tailored for AI development as London’s key advantage, while 44% highlighted access to international markets and global business opportunities as another signifi cant benefi t of being located in the capital. Location is, unsurprisingly, a top consideration for international


business leaders at AI companies, with nine out of ten (90%) surveyed stressing the importance of being located in a city that actively addresses factors which include the likes of data privacy and security (51%), as well as infrastructure and scalability (45%). T e good news for London is that it ranked highly in both areas,


with 86% of respondents believing it will be eff ective in helping address data privacy and security in the next 12 months and 83% confi dent in the capital’s infrastructure and scalability. When asked why London will be eff ective in these areas in the


next year, nearly half (46%) of respondents said that the capital has a well-established infrastructure and technological ecosystem conducive to AI innovation and growth, while 43% said that London has access to a diverse and highly skilled talent pool in the AI fi eld


ALL THINGS BUSINESS | 10


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