AI Tracker
Expanded to include a new benchmark of investments in AI and partnerships between governments and the private sector
We’ve added a new benchmark on Investments and Partnerships into our AI Tracker. The benchmark covers investments in AI and partnerships between governments and the private sector on AI, detailing the sources of funding, categories of investment such as infrastructure development or skills and education, total investment committed and how much has been confirmed so far, and who the contributors are.
According to the benchmark, six jurisdictions (China, EU, France, Italy, Norway, US) are home to significant AI investment initiatives totalling £747.1bn, though initial funding has only been allocated in two of these (EU, US). Only China and Italy’s investments are being entirely publicly funded, with the state-owned Bank of China committing CN¥1tn (£104.3bn) and Italy’s sovereign wealth fund investing up to €1bn (£873m). The EU’s InvestAI initiative is currently the only example of a public-private partnership that will bring together a total €200bn (£173.9bn) of investment. France’s Make France an AI powerhouse is a privately funded initiative that brings together €109bn (£94.7bn) from a wide range of investors such as Amazon, Mistral AI and the UAE Government. OpenAI’s Stargate projects in both Norway and the US have had investment committed, via partners Aker and Nscale in Norway with approximately €2bn (£1.7bn) and from OpenAI, SoftBank, Oracle and MGX with $500bn (£371.5bn) in the US.
The benchmark also includes information categorising each partnership or investment by its focus, whether that be on skills and education, infrastructure development, innovation or the public sector. Nine of the 13 investments and partnerships we track are in some way focused on infrastructure development, largely concerning data centres as well as AI factories and gigafactories. Five of those nine, are all led by OpenAI through their Stargate projects in Norway, South Korea, UAE, UK and the US, highlighting the significant focus and importance it is placing on this aspect of the supply chain. Four initiatives have already been established in the UK, more than in any other country in the benchmark. This includes Stargate UK as well as memorandums of understanding (MoU) and strategic partnerships between the Government and Google, NVIDIA and OpenAI. These agreements cover a variety of areas including skills and education, public sector adoption (Google partnership, NVIDIA MoU, OpenAI partnership), infrastructure development and national security (OpenAI partnership).
