Major businesses including Salesforce, Ocado, Amazon, Rolls Royce and McKinsey & Quantum Black are backing the plan to develop the next generation of AI experts in the UK.
"We're the leading tech-hub in Europe and we're determined to stay that way," said UK's former Secretary of State for digital, culture, media and sport, Matthew Hancock.
This announcement came during London Technology Week 2018, which welcomed over 55,000 attendees from all over the world, representing a 17% increase from 2017. Over 230 events were held at venues across the capital, with 35% of attendees travelling from outside the UK to attend.
Putting itself at the heart of technology innovation and success, Excel London currently hosts over 30 technology-focused events, welcoming over 400,000 professionals in the sector every year.
The venue regularly hosts global brands including Adobe, Salesforce, Oracle, Hewlett Packard Enterprise and the largest Google Cloud event in Europe, Google Cloud NEXT.
London remains a global hub for technology innovation and talent, with the fastest growing ICT sector in Europe.
The likes of Facebook, Google, Snap, Apple and Twitter have demonstrated their confidence in London with long term commitments to open offices and recruit more people.
