Rollercoaster for UK AI scene as PolyAI bags $50M while Stability AI mulls sale

The artificial intelligence scene in Great Britain feels a little bit like your weekly tv drama at the moment. Major funding rounds compete for attention with controversial CEO departures and outlandish government campaigns (“Unicorn Kingdom” and 3D statue holograms, anyone?).   London-based PolyAI today announced it had secured a valuation of $500mn following a successful fund raise for its call centre voice assistant tech. It might not be the sexiest of AI applications,