uk announce investment
UK announces investment in development of artificial intelligence
The event, held in London, UK, from 11-17 June, will be visited by 55,000 attendees and host a number of events focused on many different aspects of technological innovation and business. Among the areas being explored at this year's event are the development of artificial intelligence, the role of big data and the internet of things, and the opportunities for tech companies to work in the UK. The event has already seen a number of large international businesses announce new investments in the UK technology sector. This includes Amazon, which will create 2,500 jobs in the UK, and Salesforce, which plans to invest some $2.5bn ( €2.12bn) in the UK over the next five years, and open a second data centre in the country in 2019. Meanwhile, businesses such as Ocado, Rolls Royce and Amazon have backed a new government scheme to facilitate the development of artificial intelligence by creating a new masters programme for artificial intelligence, and £1bn in investments. One announcement made at London Tech Week is the upcoming launch of a new'start-up visa' in Spring 2019, which aims to make it easier for entrepreneurs hoping to start technology companies in the UK access visas to do so, replacing a previous system which was only open to graduates.