Sidetrade, an AI platform dedicated to augmenting business revenue and cashflow, announced the planned £30m investment in the jobs, at the opening of its new tech hub in Birmingham.

The news was announced at the firm’s ‘Together for Tech’ launch event, attended by Julian David, CEO of techUK, who gave the keynote speech.

Founder and CEO of Sidetrade Olivier Novasque said: “This investment represents a leap ahead for Sidetrade, the UK tech community and internationally. The hub will equip Sidetrade to compete globally in B2B AI technology.”

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is [email protected]