London bags $9bn US AI firm Replit’s first overseas office

cityam

Sep 09

The San Francisco-based company has opened in King’s Cross Replit, the $9bn (£6.64bn) US AI coding start-up, has picked London for its first international office as the capital continues to attract ...

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Paris ranked second with 28, followed by Madrid with 26.Technology companies accounted for a record 20 per cent of office leasing across major European cities in the first quarter of this year, according to JLL, with AI companies among those competing for prime space.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nReplit’s arrival in King’s Cross adds another company to a technology cluster already home to Google DeepMind and the UK operations of OpenAI and Anthropic.\n\nSadiq Khan, who attended the opening, said Replit’s decision was a “huge vote of confidence in London”.“As a world-leading city for technology, education and innovation, London has a wealth of talent, a diverse skills base and is already home to an array of leading AI companies,” the London mayor also said.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}