US software giant Salesforce to open AI centre in London
US-based software company Salesforce has revealed plans to establish an Artificial Intelligence (AI) centre in London, as part of its commitment to invest four billion dollars (£3.1bn) in AI technology in the UK over the next five years.
The new AI centre, which will be located in the Blue Fin Building in Southwark, south London, is envisioned as an innovation space where industry experts and businesses can collaborate to drive AI advancements.
Investing in AI Innovation
Salesforce, known for its customer relationship management software, is shifting its focus towards artificial intelligence as the technology becomes increasingly pervasive in everyday life. The company believes AI has the potential to significantly propel growth for UK businesses, with the UK AI market projected to surpass one trillion dollars by 2035.
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"AI has the potential to drive major growth for UK businesses," said Salesforce UK and Ireland chief executive Zahra Bahrololoumi. "By establishing Salesforce’s first AI centre in London, we are demonstrating our deep commitment to collaborating with customers and partners to harness the transformative power of AI for the greater good."
London as a Hub for AI
Deputy mayor of London for business and growth, Howard Dawber, expressed enthusiasm for Salesforce's decision to launch its pioneering UK AI centre in the capital. He highlighted London's emergence as a key hub for AI businesses and welcomed the opportunity for industry experts to come together, innovate, and collaborate.
This strategic move by Salesforce aligns with the broader efforts to position London as a leading centre for AI research and development in Europe.
London Tech Week and Beyond
The announcement precedes London Tech Week, a prominent event showcasing the city and the wider UK as a technology hub. Janet Coyle, managing director of Grow London at London and Partners, commended Salesforce's initiative as a testament to London's embrace of AI technology.
Research indicates that London is perceived as being more supportive of AI development by a significant majority of decision makers at international AI companies, further solidifying the city's position in the global AI landscape.
As Salesforce paves the way for AI innovation in London, the city is poised to become a focal point for AI advancements and collaborations, shaping the future of technology in the region and beyond.
