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Microsoft’s artificial intelligence (AI) arm is making a long-term bet on the United Kingdom as it launches its new AI hub in London.&nbsp;
In a blog post, Microsoft AI executive vice president and CEO Mustafa Suleyman <a href="https://blogs.microsoft.com/blog/2024/04/07/announcing-new-microsoft-ai-hub-in-london/" target="_blank" rel="noopener nofollow">said</a> the company plans to invest long-term in the region. He wrote: 
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 “There is an enormous pool of AI talent and expertise in the U.K., and Microsoft AI plans to make a significant, long-term investment in the region as we begin hiring the best AI scientists and engineers into this new AI hub.”
</blockquote>
The executive said the company will actively hire “passionate innovators” who want to contribute to their goals in the coming weeks and months. Suleyman said these individuals will work on the “most interesting and challenging AI questions” of our time. 
On March 19, Microsoft AI <a href="https://www.cnbc.com/2024/03/19/microsoft-names-deepmind-co-founder-mustafa-suleyman-as-ceo-of-ai-unit.html" target="_blank" rel="noopener nofollow">hired</a> Suleyman to lead its AI initiatives as its CEO and executive vice president. Suleyman co-founded the artificial intelligence startup DeepMind, which Google acquired in 2014. 
Suleyman’s statements came as he announced the creation of an AI hub in the United Kingdom. The hub’s goal is to advance AI language models and their infrastructure. 
In addition, it would also create tooling for foundation models and collaborate with their AI teams across the globe and its partners like OpenAI.
Community members met the move with enthusiasm. On X, Neil Cameron <a href="https://twitter.com/ncameron/status/1777418469123706958" target="_blank" rel="noopener nofollow">described</a> the development as a “huge win for the ecosystem” in the United Kingdom.
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 Source: <a href="https://twitter.com/TomTugendhat/status/1777350893245026613" target="_blank" rel="noopener nofollow">Tom Tugendhat&nbsp;</a>
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Tom Tugendhat, a member of the U.K. parliament, said that it’s a vote of confidence in the U.K. as a global hub for AI. 
Related: <a href="https://cointelegraph.com/news/vr-developer-openai-no-code-vr-development">First VR developer integrates with OpenAI, setting stage for no-code VR development</a>
United Kingdom Prime Minister Rishi Sunak has <a href="https://www.politico.eu/article/rishi-sunak-artificial-intelligence-legacy-uk-election-2024" target="_blank" rel="noopener nofollow">shown</a> positive interest in AI and sees it as one of the pieces that would contribute to his legacy. On Oct. 26, 2023, Sunak <a href="https://www.youtube.com/watch?v=emrHKQPQYQ4" target="_blank" rel="noopener nofollow">delivered</a> a speech expressing his belief in the potential of AI technology. He said: 
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 “I genuinely believe that technologies like AI will bring a transformation as far-reaching as the industrial revolution, the coming of electricity, or the birth of the internet.”
</blockquote>
Apart from the U.K., Canada is also getting a boost to its AI sector. On April 7, Canadian Prime Minister Justin Trudeau <a href="https://cointelegraph.com/news/canada-justin-trudeau-federal-package-budget-boost-ai-sector">unveiled a $1.76 billion budget</a> to boost the country’s AI sector and maintain its competitiveness on the global stage. 
Magazine: <a href="https://cointelegraph.com/magazine/base-meme-coins-scams-vulnerabilities-honeypot/">1 in 6 new Base meme coins are scams, 91% have vulnerabilities</a>

Microsoft AI to make long-term investments in the UK — CEO

Cointelegraph

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