Written question asked by Lord Taylor of Warwick (Non-affiliated) on Thursday, 8 January 2026, in the House of Lords. It was due for an answer on Thursday, 22 January 2026. It was answered by Baroness Lloyd of Effra (Labour) on Thursday, 22 January 2026 on behalf of the Department for Science, Innovation and Technology.
Accenture: Faculty
- Question
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To ask His Majesty's Government what assessment they have made of the implications of the acquisition of the UK-based AI start-up Faculty by Accenture for the UK’s broader strategy to support domestic AI innovation and retain high-growth AI companies in Britain.
- Answer
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The UK has a great history of successful UK AI startups. Faculty is an excellent example of a UK startup running with its vision and succeeding on a global scale.
We want to ensure that this ecosystem continues to thrive and recently announced a comprehensive package of support. This includes the Advance Market Commitments in which Government will act as a first customer for promising UK start-ups who are building high-quality AI hardware products. The commitment is backed by up to £100 million of government support to give British startups the opportunity for a competitive edge and to win customers in a multibillion-dollar global market.
Secondary information
- Type
- Written question
- Reference
- HL13400
- Session
- 2024-26
- Subjects
- Takeovers Accenture Artificial intelligence Faculty
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-01-22 16:10:21 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL13400
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL13400
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL13400