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AI Giants Expand to London: $392.1B Raised in 2023

Published on · Source: cnbc.com

AI Giants Expand to London: $392.1B Raised in 2023

AI Summary

Summarized by AI from the source below

U.S. AI companies Anthropic and OpenAI have expanded their office spaces in London, with Anthropic securing space for 800 people. In 2023, global startups raised $392.1 billion, surpassing the previous record of $215.9 billion in 2022. Google's new 11-storey building in Kings Cross will house expanding teams, while other companies like Databricks and Salesforce are also increasing their presence in the city. This surge underscores London as a growing hub for AI talent and commercial growth opportunities.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

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