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United Kingdom2024-07en

Artificial Intelligence Sector Study Research report for the Department for Science, Innovation & Technology (DSIT)

Summary

The UK Department for Science, Innovation & Technology commissioned a study to better understand the domestic AI sector's scale, profile, and economic contribution, as well as its challenges and opportunities. The research involved comprehensive data analysis and interviews with 297 AI companies and 45 stakeholders. The completed study found substantial growth across the sector, with significant increases in company numbers, employment, revenue, and GVA, highlighting key growth drivers and barriers like access to equity.

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