How legit are AI/ML based PE funds in London?

Just curious about how legit all these AI and ML based PE and VC funds like WovenLight and Quantum Light are. Many of them seem to be in London.

heard that many DS teams in  US PE scene is really glorified data analyst consultants like in BXDS or not competitive enough like Two Sigma’s PE arm. Curious is the Brits have actually figured it out.

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