NEWTech

AI Giants Expand to London: $392.1B Raised in 2023

Published on 6/11/2026

AI Giants Expand to London: $392.1B Raised in 2023

AI Summary

U.S. AI companies Anthropic and OpenAI have expanded their office spaces in London, with Anthropic securing space for 800 people. In 2023, global startups raised $392.1 billion, surpassing the previous record of $215.9 billion in 2022. Google's new 11-storey building in Kings Cross will house expanding teams, while other companies like Databricks and Salesforce are also increasing their presence in the city. This surge underscores London as a growing hub for AI talent and commercial growth opportunities.