London Most Supportive Hub for Developing AI According to International Business Leaders

New research by London & Partners shows that over three-quarters (77%) of international business leaders in the AI sector consider London to be more supportive of AI development than other leading AI hubs. These findings come as international delegates gather in the capital for London Tech Week, Europe’s hottest tech event.

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 significant benefit 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%).

The good news for London is that it ranked highly in both areas, with 86% of respondents believing it will be effective in helping address data privacy and security in the next twelve months and 83% confident in the capital’s infrastructure and scalability.

When asked why London will be effective 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 field. Additionally, 85% of decision-makers surveyed at international AI companies said that they are very confident in the capital’s ability to attract and retain talent over the next twelve months.

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