Venture capital firms invested $ 1.3bn (£998m) in UK -based AI start-ups in 2018 , compared to 78 for France and 200 in Germany . The UK figure marks a 1,000 increase in spending in the past five years , according to Dealroom . In addition, the France government said £ 200 m will be allocated to creating 1,000 centres and 1,000 PhDs to help maintain the country's reputation as a trailblazer for AI innovation. Interested in hearing industry leaders Of this, £ 78 m will come from private business and £23m from universities.
Venture capital firms invested $ 1.3bn (£998m) in UK -based AI start-ups in 2018 , compared to 78 for France and 200 in Germany . The UK figure marks a 1,000 increase in spending in the past five years , according to Dealroom . In addition, the France government said £ 200 m will be allocated to creating 1,000 centres and 1,000 PhDs to help maintain the country's reputation as a trailblazer for AI innovation. Of this, £ 78 m will come from private business and £23m from universities.