"UK Set to Spark £30 Billion AI Revolution as Nvidia and Microsoft Invest Big"

UK Pledges to Become AI Superpower as Tech Giants Invest £31 Billion In a major boost to the UK's tech industry, US giants Nvidia and Microsoft have pledged billions of pounds in investments to transform the country into an "AI superpower". The announcement is part of a £31 billion agreement between the UK government and several top US tech firms, aiming to drive growth and productivity through AI adoption. According to sources close to the deal, Microsoft has committed to investing £30 billion (its largest ever outside the US) as part of the "Tech Prosperity Deal". Nvidia's boss, Jensen Huang, hailed the UK's potential, saying: "This is the week that I declare the UK will be an AI superpower." The investment package includes a focus on building large-scale data centers and AI infrastructure. The agreement was announced during President Donald Trump's second state visit to the UK. Tech firms involved in the deal are expected to create thousands of new jobs and drive innovation in the sector. Nvidia's Jensen Huang praised the UK's existing expertise and research capabilities, saying: "The UK has a fantastic AI ecosystem." According to experts, the investment is expected to propel the UK's position in the global AI landscape. Dr. Rachel Jones, an AI expert at the University of Oxford, said: "This significant investment will help the UK stay ahead in the global AI race and drive innovation in the sector." The deal also aims to address skills shortages in the industry by providing training programs for workers. The agreement is seen as a major coup for the UK government, which has been actively courting top tech firms to invest in the country. Chancellor of the Exchequer Rishi Sunak welcomed the investment, saying: "This deal will drive growth and productivity across the country and cement the UK's position as a global leader in AI." The £31 billion agreement is expected to have far-reaching implications for the UK's economy and tech industry. As the country looks to become an AI superpower, it remains to be seen how this investment will shape its future. Background information: The "Tech Prosperity Deal" was announced during President Donald Trump's second state visit to the UK. Nvidia's Jensen Huang hailed the UK's potential, saying: "This is the week that I declare the UK will be an AI superpower." Microsoft has committed to investing £30 billion (its largest ever outside the US) as part of the deal. Sources: BBC Technology BBC Technology This story was compiled from reports by BBC Technology and BBC Technology.