ANNUAL REPORT
State of AI in Wales 2024
AI Wales's inaugural annual report examining AI adoption, investment, talent, and regulation across the Welsh economy. The definitive reference for anyone operating in or entering the Welsh AI market.
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Wales AI at a glance — 2024
UK businesses reported using AI in 2025 (DSIT)
AI companies in Wales doubled between 2022-2024 (Senedd Research)
Growing demand for AI skills across Welsh businesses
Welsh Government fund supporting SME AI adoption
IT firms cite skills gaps slowing development (FSB)
Welsh universities and research institutions contributing to AI research
Report chapters
AI Adoption Trends
Organisational AI maturity and sector breakdowns
Investment & Funding
VC rounds, grants, and regional comparisons
Talent & Skills
University pipelines, talent gaps, hiring trends
Regulation & Policy
Navigation of EU AI Act and UK regulations
Ecosystem & Innovation
Startup activity and university commercialisation
International Positioning
Global partnerships and inward investment
Sectors analysed
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