Why US tech giants are buying British AI start-ups

U.S. giants such as Apple and Microsoft are flocking to the U.K. to buy artificial intelligence (AI) start-ups as Britain establishes itself as the go-to place for the technology.

Microsoft announced that it had acquired London-based Swiftkey, an AI start-up that makes a predictive keyboard for smartphones, on Wednesday for $250 million, sources close to the deal told CNBC.

http://www.cnbc.com/2016/02/05/why-us-tech-giants-are-buying-british-ai-start-ups.html?__source=facebook%7Ctechnology%7Clink%7C020816%7C12AM%7Ctech-giants-buy-uk-startups