Lincoln ranks fourth in newly-published research about the best UK locations for AI enterprises, with the region’s other major cities not even making the top 20.
The report is by BusinessFinanced.co.uk. Called AI Business Rankings 2024, it identifies the 59 leading towns and cities in the UK for artificial intelligence (AI) enterprises.
Evaluating key factors that contribute to a thriving AI ecosystem, the report is said to be invaluable for a variety of stakeholders, including entrepreneurs and start-up founders looking to establish AI businesses, investors and venture capitalists seeking lucrative opportunities, policymakers and government officials aiming to foster AI development, and educational institutions preparing the future AI workforce.
The report ranks 59 locations across the UK, identifying Cambridge as the top location for AI businesses. The rankings are based on a detailed evaluation of AI-related job vacancies, the number of AI-related businesses, online search volume for AI-related terms, and the 5-year business survival rate.
It sais smaller locations like Lincoln and Gloucester are emerging as promising locations, offering high business survival rates and growing interest in AI technologies.
The top 20 towns and cities are:
1. Cambridge
2. Bristol
3. Reading
4. Lincoln
5. Newcastle upon Tyne
6. Southampton
7. Gloucester
8. Slough
9. Oxford
10. London
11. Bournemouth
12. Milton Keynes
13. Chelmsford
14. Warrington
15. Cardiff
16. Exeter
17. Cheltenham
18. Belfast
19. Glasgow
20. Manchester
