Agorai Unveils £20 Million Investment in UK AI Market, Appoints Sir George Zambellas to Board of Directors. The investment will help accelerate the economic benefits that can be generated by leveraging the power of AI and its ability to transform society and positively impact the UK economy. The multi-year investment announced today will be distributed over the next five years. It will span the AI ecosystem by focusing on three key areas: education, empowerment, and entrepreneurship.
To help drive this initiative, Agorai has appointed Sir George Zambellas, the former First Sea Lord of the Royal Navy, to their Board of Directors. Sir George has had a career in the military spanning almost 40 years. He has direct experience in the promotion of technical investment in autonomous systems, data exploitation and artificial intelligence, and with proven leadership in the cyber-security and robotics industry, Sir George will be instrumental in strengthening relations within the industry and serve as an ambassador of Agorai’s commitment to the UK and globally.
“The British Government is committed to creating a powerful tripartite between business, academia and Government. It needs industry and experts to work together to establish a UK AI Council to accelerate AI utility. At Agorai we share all these ambitions, and we’re committed to creating opportunities for young talent to learn incredible new skills. Agorai will create the chance for contributors and users to share applications and data assets, to nurture the global AI ecosystem, to innovate, and to grip AI responsibility for the better. I am extremely excited to join the Agorai team and help drive the success of this extraordinary initiative” said Sir George Zambellas.
Agorai offers an integrated marketplace for AI tools and the data assets that fuel them. The distributed platform brings together data owners and AI companies to create AI-driven solutions that solve real business problems. The Agorai AI Marketplace enables people building AI tools and applications to access and share assets otherwise unavailable to them and provides a distribution channel for AI companies to reach corporate and individual buyers. Agorai’s Data Marketplace helps transfer data ownership to those who create it and provides access to AI to those who need it, globally and at scale. Built on blockchain technology, Agorai ensures every transaction is transparent, completely distributed and securely validated.
Notes to Editors:
This press release is for informational purposes only and does not constitute an offer or solicitation to sell or buy securities. Certain information set forth in this press release contains “forward-looking statements” under applicable securities laws. Agorai undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws.