ABGI news from across the UK and the world
It’s safe to say AI has come into its own, with natural language processing (NLP) now able to generate content that isn’t readily distinguishable from human-generated content.
As uncertainty over ‘Brexit: Deal or No Deal’ continues amid the stop and start negotiations between the UK Government and the EU, many innovation-focused businesses here will be feeling a growing sense of anxiety about the future of grant funding programmes.
Innovation funding specialist ABGI UK has called for stricter measures and greater regulation of advisers after more than £300m incorrect and illegitimate R&D tax claims were identified within HMRC’s annual report.
The last six months have been devastating to a huge number of businesses, but we have also seen real innovation - either out of necessity or responding to opportunity. Going forward, securing funding to maintain or kickstart innovation will be critical to SMEs across the UK.