How AI is turbo charging UK financial and professional services AI: Accelerating Innovation AI: Accelerating Innovation Get involved AI | Innovation Challenge AI | Innovation Challenge UK’s world leading AI sector: why the UK is such an attractive place to do business. The UK’s AI market is the third largest globally, following the United States and China. The UK also leads in Europe with over 55% of all AI related private investments from VC, PE and angel investors. The UK stands as a global hub for innovation, with world-leading universities and a dense ecosystem of AI-based companies. Innovation and investment in AI has positioned the UK to attract top-tier AI talent from around the world. The UK is the second most likely global destination for mobile AI researchers, after the US. The UK is committed to creating an environment where AI innovation flourishes. The UK is leading in creating consensus towards delivering a pro innovation regulatory environment for AI to be able to deliver on the promises of this technology. Through pro-innovation regulations, substantial R&D funding, skills initiatives, and higher education schemes, the UK paves the way for a future powered by AI. $118.1bn projected value of the global generative AI market by 2032 £18.8bn private investment into UK AI 432,000 companies using AI in the UK Stay in touch Sign up to hear more about the City of London Corporation's work on financial and professional services Sign up to hear more about the City of London Corporation's work on financial and professional services Innovation, creativity and a future focus Innovation that expands boundaries Always two steps ahead, the UK's talent for lateral thinking and innovation builds a successful future Find out more about the UK's innovation offer