Research-intensive universities will play a core role in a growing UK digital ecosystem to enable data driven growth,support public services and enhance public trust in new technologies.

The higher education system has a track record that provides a solid foundation for safe, innovation-led growth:

• AI equity spinouts secured £230m in equity investments between 2019 and 2023.
   
• University quantum spinouts raised £184m of private investment in 2023.
   
• The UK is top five globally for research into AI technologies such as data analytics, machine learning and natural language processing.