Version 1 is to invest £40m in the UK over the next few years, creating around 1000 AI-related jobs.
It’s part of the Government’s AI Action Plan, which was revealed earlier this year. Today’s announcement came at a UK-Ireland summit with Prime Minister Keir Starmer and Taoiseach Michael Martin.
Version 1 said it would be making the investment across its UK and Ireland offices, including London, Birmingham, Newcastle, Manchester, Edinburgh and Belfast.
“We are privileged to be part of the exciting discussions today, as the largest indigenous Irish technology and AI services company with a major presence in the UK. It is very rewarding to hear how both leaders are working hard to strengthen connections and deliver on shared ambitions for greater opportunity, societal advancement and economic prosperity,” said Brad Mallard, Chief Technology Officer at Version 1.
“We have a global presence but it’s our mission to deliver value for our customers from the best locations most suited to their needs, and this means investing locally and globally in the right skills and talent. As leaders in people-centric innovation powered by technology, we want the maximum benefit for our customers and the environments we work in. With UK Government initiatives such as the AI Opportunities Action Plan and the new AI playbook, which are designed to boost economic value and drive productivity and efficiency across Government, we can align on shared objectives that ultimately deliver these benefits but keep the knowledge and skill sets in the right place too for sustainable growth.”
Version 1 works with a number of public sector organisations in the UK and Ireland on large-scale transformation and AI projects.
“It is a pleasure to see Version 1 among great business leaders at the UK-Ireland summit today. Their continued investment in our economy is a welcome and important commitment which makes a significant contribution to the government’s growth mission,” added Paul Johnston, Ambassador of the United Kingdom to Ireland.
