New Microsoft Report Claims U.K. Is Behind The Rest Of The World On AI

Organizations currently using AI outperform those that don't by 11.5%. Despite this, only 24% have ... [ ] an AI strategy in place. A new report, unveiled October 1 by Microsoft UK, claims that British organizations risk being overtaken by their global counterparts unless the use of artificial intelligence (AI) technology is accelerated. The report, conducted by YouGov and in partnership with Goldsmiths, University of London, focused on more than 1,000 business leaders and 4,000 employees, and includes interviews with leading industry experts from organizations such as M&S, NatWest, Renault F1 Team, Lloyds Banking Group and the NHS. Its findings demonstrate that organizations currently using AI outperform those that don't by 11.5% but despite this, only 24% have an AI strategy in place.