“London is a leading hub for innovation in artificial intelligence and some of the advances being made right here in the capital are revolutionising how business is done,” Khan said.“Small businesses are the lifeblood of our economy, and I firmly believe these innovations should be available to companies of all sizes, not just the ones with the deepest pockets.”A study by AI platform Cognition X last year found London is home to more than 750 companies working in AI – more than twice as many as Paris and Berlin, its nearest competitors, combined.AI is defined as a computer system that can perform tasks which normally require human intelligence, like visual perception, speech recognition, decision making and translation between languages.Under Khan’s Technology for Business scheme, the first round of successful companies will connect with a dedicated case worker and trained to use enhanced web tools. Retailers will get 24/7 support for customers, while hotels will get tailored recommendations for guests. Small businesses to be given artificial intelligence boost London may be the artificial intelligence (AI) capital of Europe, but City Hall believes the benefits of AI are failing to trickle down to small businesses.The mayor Sadiq Khan will give 200 small businesses in London a share of £200,000 to enhance their use of AI. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleUndoBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoPost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunUndoDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyUndoHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndo More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Tuesday 7 May 2019 12:05 am Share whatsapp Source: Matt Alexander, PA Wire whatsapp Sam Buckingham-Jones Tags: Artificial intelligence (AI) and robots People Sadiq Khan Startups The scheme is funded by the Department for Business, Energy and Industrial Strategy, and the London School of Economics, Capital Enterprise and Cognition X have joined as partners.“London is one of the best places in the world for innovation,” Tabitha Goldstaub, co-founder of Cognition X, said. “We have a unique opportunity to catalyse adoption of artificial intelligence with the businesses that will benefit the most.”Dr Anna Valero, innovation fellow at the London School of Economics, said the results of the funding would inform local and national governments to improve access to technology.