Leicester AI firm ‘ignored’ by UK government eyes Thai expansion
A Leicester artificial intelligence (AI) company which claims it has been “ignored” by the UK Government is set to expand into Thailand with a promise to propel it onto the international stage of AI.
Cyferd’s new ASEAN regional headquarters set to be situated in Silicon Tech Park within Thailand’s $40bn Eastern Economic Corridor.
Cyferd says its USP is its AI powered platform that writes software designed to adapt so that as businesses change, the platform changes with it.
Cyferd’s bosses say that although the company has had success worldwide with its tech, engaging its own government in the UK has proven to be a challenge. Multiple attempts to hold conversations with key officials within the UK government have been denied or ignored, says the firm.
The company, which is based in Regent House in Leicester, says it aims to demonstrate how the UK’s public sector could benefit from widespread digital transformation, not only to make the lives of those working in the public sector easier, but to take some of the pressure off the UK’s most strained industries, such as the healthcare sector.
Despite these setbacks, Cyferd says it remains committed to contributing to the UK’s technological advancement and supporting the nation’s goal of becoming a global AI superpower.
Cyferd has now teamed up with Thai entrepreneur and business tycoon, Pairoj Piempongsant, who said: “Collaborative partnerships, particularly with trailblazing nations like the UK, are pivotal in propelling us forward.”
Founder and CEO of Cyferd, Ranjit Bahia, added: “We believe that the ASEAN market holds tremendous potential, with 100 million people in Thailand and 700 million across the region. We’re eager to show how AI can optimize the way businesses operate and propel this dynamic region into the stratosphere of the global AI race.”
