div > div.group > p:first-child"> Nearly half of the companies in Europe that call themselves AI start-ups don't in fact use artificial intelligence, a new report found.
"There's a huge amount of hype around, but one of the ways that we hope to add value as an investor … is to help cut through that and highlight the technology," said David Kelnar, head of research at MMC, in a phone interview with CNBC on Tuesday. Peter Finnie, a partner at intellectual property law firm Gill Jennings and Every, said there has been a surge in AI patent filings as companies look to make their businesses more investable.