A new AI Growth Zone has been confirmed for North Wales.
AI Growth Zones are designed to be hubs for AI development, bringing together the key building blocks of AI from processing power to research expertise, they aim to unlock innovation.
£5 million in support will be set aside for each AI Growth Zone at a local level for business adoption and skills and the money will be directed into regions to help accelerate economic growth, boost local research and development efforts, and support regional AI firms from start-up to scale-up.
It is estimated that these interventions will unlock up to £100 billion in additional investment into the AI Growth Zone programme creating thousands of jobs and helping give people the AI skills they need at work.
The new AI Growth Zone for North Wales is expected to create 3,450 jobs.
Prime minister, Keir Starmer, said: "We said we’d make AI work for Britain – and now we’re putting our money where our mouth is.
"These Growth Zones aren’t an abstract conception; they’re about thousands of jobs, real investment, and change for communities that have been short-changed for too long.
"In North Wales, that means thousands of new roles and £5 million to boost skills and help local businesses adopt AI. This is delivery, not dithering – and it’s happening now."
Liz Kendall, secretary of state for science, innovation and technology, said: "AI Growth Zones will be a game-changer for our communities and will bring thousands of new jobs and millions of pounds in investment right to the places that need it most.
"We will make sure people have the skills they need so they can fully realise the opportunities that AI presents - helping to nurture the tech leaders of tomorrow and supporting our economy with a rich pool of talent.
"AI will help us deliver the growth, prosperity and renewal as we build a future that works for all. This is an investment in our future - powered by our communities, businesses and world-class tech talent - to cement Britain’s place as a global leader in AI."