UK Warns of AI Startups Leaving Due to Capital Shortfalls, Regulatory Complexity | PYMNTS.com

UK Warns of AI Startups Leaving Due to Capital Shortfalls, Regulatory Complexity | PYMNTS.com

Promising artificial intelligence (AI) startups created in the U.K. are at risk of leaving for other countries like the U.S. due to lack of adequate capital, regulatory complexity and differences in culture, according to a British government committee report.

“The U.K. risks being an ‘incubator economy’ for other nations, as innovative British technology firms pursue greater growth potential in other markets or seek acquisition by foreign companies,” the Communications and…

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