A new plan to translate Scotland’s innovation and expertise in artificial intelligence (AI) into more companies, jobs and investment is being published today.

The Scottish Government’s new five-year AI Strategy will focus on harnessing the economic potential of the technology, helping ensure all people and businesses can benefit from it.

Independent analysis forecasts that AI could contribute £23 billion a year to the Scottish economy by 2035.

Nearly 300 AI-focussed companies are already operating in the country, with major international investments in the country’s skills and infrastructure also being made.

They include Lenovo, which has chosen Edinburgh as one of just two global locations to form a new AI Research and Development Hub.

“AI is advancing faster than any technology we have ever seen and Scottish universities and businesses are at the forefront of the incredible services and products it is generating,” business minister Richard Lochhead said.

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“Almost 300 AI‑focused companies now operate in the country – many of them home-grown, university spinouts. They are growing fast, exporting products, attracting investment and competing internationally.

“Global companies are meanwhile investing is our skills and expertise which is a major signal of confidence and tells the world that Scotland is a serious player in the development of AI as a force for good.

“We must continue this progress and successes already secured into further companies, jobs and investment. The Scottish Government’s new AI Strategy for Scotland will chart a course to ensure the benefits of AI reach people, communities and businesses across every part of our country.”