Britain's AI sector thrives post-Brexit but government must scale up ambitions
By
The Economist
Summary
Britain's AI sector is booming despite the country's weaker economy outside the EU. British tech startups have raised over $14.5bn in venture capital this year, surpassing all other major European markets combined. The UK has 33 AI unicorns, more than France, Germany, and the Netherlands combined. Notable companies include Wayve, whose driverless cars will launch on London's streets via Uber. However, the article argues the government needs to think bigger to fully capitalize on these opportunities.
Source
bskyBritain's AI sector thrives post-Brexit but government must scale up ambitionsecon.stKey quotes
· 3 pulledBRITAIN'S ECONOMY is far weaker for being outside the EU. Its booming AI sector may be a notable exception.
So far this year British technology startups have raised over $14.5bn in venture capital, more than all other major European markets combined.
Britain has 33 AI unicorns (startups valued at $1bn-plus), more than France, Germany and the Netherlands put together
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