Nvidia and Microsoft Bosses Hail Huge UK AI Investment
In a major boost to the UK's tech industry, several leading US companies have pledged tens of billions of pounds worth of investment in the country, with Nvidia's boss predicting it will make the UK an "AI superpower". The massive investment package is part of a 31 billion agreement between the UK government and several US tech giants as part of President Donald Trump's second state visit to the UK.
According to sources close to the deal, Microsoft has announced a 30 billion (22 billion) spending package - its largest ever outside the US. This significant investment will be used to support British-based infrastructure, research, and development in the field of artificial intelligence (AI). The deal is part of a broader agreement between the UK government and several US tech firms, including Google and Nvidia.
The "Tech Prosperity Deal" aims to establish the UK as a global leader in AI technology. According to Jensen Huang, CEO of Nvidia, the investment will make the country an "AI superpower". "This partnership is a huge opportunity for the UK to become a world leader in AI," he said. "We believe that with this investment, we can create a thriving ecosystem of innovation and entrepreneurship in the UK."
Microsoft's boss, Satya Nadella, also expressed his enthusiasm for the deal, saying it will enable the company to "accelerate its growth" in the UK. "This agreement is a testament to our commitment to the UK market," he said. "We believe that this investment will create new opportunities for businesses and individuals alike."
The deal has been welcomed by the UK government, which sees it as a major boost to the country's economy. According to Business Secretary Alok Sharma, the partnership will "create thousands of jobs" and "drive growth" in key sectors such as AI and technology.
In related news, Microsoft's boss told the BBC that the company is not giving up its digital sovereignty. "We believe that we can work with governments around the world to create a more secure and stable digital environment," Nadella said.
The investment package is set to be rolled out over several years, with the UK government providing support for research and development projects in AI and other key areas. The deal is seen as a major coup for the UK's tech industry, which has been struggling to attract significant investment in recent years.
As part of the agreement, Google will also invest in British-based infrastructure and research projects. According to sources close to the deal, the company plans to establish a new AI research center in the UK, which will focus on developing cutting-edge technologies for applications such as healthcare and finance.
The "Tech Prosperity Deal" is seen as a major milestone in the UK's efforts to become a global leader in AI technology. With this significant investment package, the country is poised to take a major leap forward in its development of AI capabilities.
In conclusion, the massive investment package announced by Microsoft and other US tech firms is set to transform the UK's tech industry. With billions of pounds worth of investment pledged over several years, the country is well on its way to becoming an "AI superpower".
This story was compiled from reports by BBC Technology and BBC Business.
