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Home»Innovation»Salesforce to Open AI Centre in London, Investing $4 Billion in UK’s AI Advancement
Innovation

Salesforce to Open AI Centre in London, Investing $4 Billion in UK’s AI Advancement

Isaiah ZaidBy Isaiah ZaidJune 7, 20240 ViewsNo Comments2 Mins Read
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US-based software giant Salesforce plans to establish an AI centre in London, marking a significant step in a $4 billion investment strategy to drive artificial intelligence development in the UK. The move aims to create a collaborative space for industry experts and businesses while leveraging London’s growing stature in the global AI market.

Salesforce, a US-based software giant, announced plans to open an AI centre in London as part of a $4 billion investment strategy aimed at advancing artificial intelligence in the UK over the next five years. The new centre will be located in the Blue Fin Building in Southwark, South London, and will serve as a hub for industry experts and businesses to collaborate on AI innovations.

Zahra Bahrololoumi, the chief executive of Salesforce UK and Ireland, stated that the AI market in the UK is projected to reach over one trillion dollars by 2035. She emphasized the company’s commitment to leveraging this technology to foster growth among UK businesses.

Howard Dawber, Deputy Mayor of London for Business and Growth, welcomed the initiative, noting London’s emerging status as a key player in the global AI market. The announcement precedes London Tech Week, which begins on June 10, an event showcasing the UK’s position as a leading technology hub.

Janet Coyle, Managing Director of Grow London at London and Partners, highlighted the city’s supportive environment for AI development, supported by a survey indicating that 77% of decision-makers at international AI companies view London favorably.

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Isaiah Zaid
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As the Innovation Editor at AI WEEK, Isaiah keeps readers informed about the latest AI advancements across industries. His expertise in emerging trends and keen eye for groundbreaking ideas make him a valuable resource for anyone interested in the future of AI innovation.

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