Two Manchester Companies are joining the UK first growth programme - About Manchester

Two Manchester based companies are joining the UK's first Applied AI growth programme, as it is also reveals that UK AI investment is reaching record highs. Investment in AI technology grew almost six-fold from 2014 to 2018, with UK AI scaleups raising almost double that of France, Germany and the rest of Europe combined last year. In the first 6 months of this year, AI funding in the UK has already surpassed 2018's figures. As a result, the UK is currently third in the world for raising investment in AI, behind only China and the U.S. respectively for the number of AI companies in operation during 2019. Dream Agility and DigitalBridge have been identified as one of the UK's future leading AI companies. Elizabeth Clark, CEO, Dream Agility, Manchester commented: "We're delighted to have made it onto the Applied AI scheme.