London named Artificial Intelligence (AI) capital of Europe by new report - The Fintech Times

London is the Artificial Intelligence (AI) capital of Europe, home to double the number of AI companies* than closest rivals Paris and Berlin combined. That is the key finding of a major piece of research commissioned by the Mayor of London, Sadiq Khan, that for the first time maps the capital's AI ecosystem, highlighting the strength and complexity of London's AI ecosystem and its growing important to the economy. Artificial Intelligence is the ability of machines to exhibit human-like intelligence with the ability to perform tasks such as decision support, reasoning, learning, visual perception, speech recognition, and language translation. Produced for the Mayor by CognitionX, the AI advice platform, the report will help to uncover the opportunities to unlock innovation and investment in London in order to maximise the economic impact of AI on the city, and to support the Mayor's ambition to make London a world-leading Smart City. The report was published on the eve of London Tech Week – an annual event that sees the city open its doors to the international tech community.