Tech giants and the Prime Minister converge at London Tech Week

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London Tech Week returns to the capital this week from 10th – 14th June.

The week will bring together leading UK start-ups, scale-ups, and established tech giants to explore the current and future state of tech. Listed speakers hail from companies including Microsoft, Lenovo, IBM, Mastercard, SkyScanner, and British Airways.

The events, which are spread across the week, include an opening dinner, a Leaders in Tech Summit, TechXLR8 festival, an AI summit, a Blockchain for Business Summit, a Future of Work Summit, and a Tech Night Party.

Prime Minister Theresa May will speak at London Tech Week today, announcing that tech companies across the globe have invested more than £1.2bn in the UK.

She is expected to commit:

  • £153m government funding, with an additional £205m pledged by industry, to unlock the potential of quantum technologies
  • 2,500 places available for the first time for AI and data conversion courses starting next year, to equip tech-driven businesses and people across the country with the skills they need
  • A study into tech competitiveness to identify opportunities and support for digital businesses to ensure the UK remains the most attractive place to build a tech business. This will be led by industry: Cindy Rose from Microsoft UK, Suzanne Ashman from LocalGlobe, Stephen Coleman from CodeBase, and Avid Larizadeh Duggan from Kobalt

In a pre-released statement, the Prime Minister said: “British Tech is growing over one and a half times faster than the rest of the economy, adding more than £130bn to our economy every year.

“Today as we sit on the cusp of the next great industrial revolution, we have the opportunity to work together and ensure that the advances we see transform our world for the better, and for the benefit of everyone.”

Later today, the Prime Minister will host a roundtable for leading tech companies, including Microsoft UK, Google and Monzo, where they will discuss opportunities to fully harness the power of technology to enhance competitiveness, boost the economy and tackle societal challenges.

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