Start your free trial of The Data City’s Industry Engine or read the full blog here: thedatacity.com/blog/3-key-f...
Start your free trial of The Data City’s Industry Engine or read the full blog here: thedatacity.com/blog/3-key-f...
- It’s small, but investors are backing growth
- US ownership is strong in big firms, but most are UK-owned
- London dominates, while Birmingham underperforms
- It’s small, but investors are backing growth
- US ownership is strong in big firms, but most are UK-owned
- London dominates, while Birmingham underperforms
64% of AI firms are based in the Greater South East.
44% are in London alone.
Reading and Edinburgh outperform bigger cities like Birmingham.
64% of AI firms are based in the Greater South East.
44% are in London alone.
Reading and Edinburgh outperform bigger cities like Birmingham.
77% of UK AI firms are UK-owned
But among large firms, US ownership rises to 30%
Chart shows ultimate foreign ownership of AI and all RTIC companies in the UK. Source: The Data City.
77% of UK AI firms are UK-owned
But among large firms, US ownership rises to 30%
Chart shows ultimate foreign ownership of AI and all RTIC companies in the UK. Source: The Data City.
Just 4,000 UK companies operate in AI - 0.1% of all businesses. But they account for 14% of funding rounds in emerging sectors.
Just 4,000 UK companies operate in AI - 0.1% of all businesses. But they account for 14% of funding rounds in emerging sectors.