UK AI sector achieved record funding in Q2 2022

#artificialintelligence 

New data from Tech Nation and Dealroom found that VC investment in UK AI companies hit a record in Q2 2022 and is on track to at least equal last year. Around 2,009 AI companies are based in the UK, the AI capital of Europe. Last year saw a record investment of £6.6 billion flow into UK AI companies. In 2022 so far, £3.2 billion has been invested. Tech Nation notes that investment into AI firms is historically "loaded towards the end of the calendar year" and is on track to "at least equal" last year. A record-setting Q2 was achieved in 2022 with £746.93 million invested, which could be a good sign for the rest of the year.

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