Here’s why there are so many hot AI startups being built in the UK right now
A24/”Ex Machina””Ex Machina” stars Oscar Isaac (left) and Domhnall Gleeson (right). The UK’s AI scene is the talk of the town at the moment, with a number of significant startup exits happening over the last few years. Evi was acquired by Amazon for a reported £18 million in 2013, DeepMind was bought by Google for around £400 million in 2014, VocalIQ was acquired by Apple for an unknown amount in 2015, and SwiftKey was bought by Microsoft for £175 million in 2016. Saul Klein, a venture capitalist at London-based LocalGlobe, believes there are a number of factors that have led to a general surge in AI. “Clearly this [AI] has been decades in the making,” said Klein during an interview with Business Insider at LocalGlobe’s office in King’s Cross. “There are conditions that exist now that…
Link to Full Article: Here’s why there are so many hot AI startups being built in the UK right now
Here's why there are so many hot AI startups being built in the UK right now
