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<p>The latest Tech Nation report showed the UK attracts more VC tech investment than
any other European nation, with £6.3 billion raised in 2018. The UK is both a leading
global financial hub and an Artificial Intelligence (AI) hub, home to more AI start-ups
than any other European country with over 1000 companies and 600 investors.</p><p>
</p><p>Last month during London Tech Week, my department announced a further £1.2
billion of new foreign direct investment in the UK tech sector which will create more
than 850 jobs.</p>
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