Journalism begins where hype ends

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We can only see a short distance ahead, but we can see plenty there that needs to be done.” "

—Alan Turing

UK AI Companies Raise £10 Billion in First Half of 2026; UK Accounted for 39% Europe Investment

Sovereign AI UK Fund Unit has announced that UK based AI companies have raised £10 billion in the first six months of 2026. Pic Credit: Dan Lynn on Unsplash

While praising the homegrown AI companies, Wise also noted that these companies still lag behind their US and China based peers in terms of capital investment and overall AI adoption.