Barclays has announced an investment in CommonAI, supporting the acceleration and development of artificial intelligence capabilities across the UK.

Founded by Anthemis and Cambridge AI Venture Partners, CommonAI brings together startups, enterprises, engineers and academics to develop, test and deploy AI systems at scale through its collaborative engineering and compute platform.

Through its membership model, CommonAI also aims to close the scale and knowledge gap in AI development that can hold back start-ups and small businesses from competing globally. It does this by providing access to models, training data, hardware design and affordable compute power, empowering organisations to build business-specific AI solutions safely, without prohibitive development costs.