Nvidia and Microsoft Unleash £31 Billion AI Investment Boom in UK
In a major coup for the UK's tech industry, US giants Nvidia and Microsoft have pledged billions of pounds to transform the country into an "AI superpower". The investment, part of a £31 billion agreement between the UK government and several US tech firms, is expected to propel the UK's position in the global AI landscape.
According to sources close to the deal, Microsoft has announced a £30 billion spending package - its largest ever outside the US. This significant investment is expected to drive growth and productivity through AI adoption, leveraging the UK's existing expertise and research capabilities. Nvidia boss Jensen Huang hailed the move, predicting that the UK will become an "AI superpower" in the coming years.
The agreement, dubbed the "Tech Prosperity Deal", was announced as part of President Donald Trump's second state visit to the UK. It is a major boost for the country's tech industry, which has been seeking increased investment and collaboration with international firms. The deal will see US companies invest heavily in building large-scale data centers and AI infrastructure in the UK.
According to Nvidia boss Jensen Huang, "This is the week that I declare the UK will be an AI superpower." He added that the country's existing expertise and research capabilities make it an ideal location for AI development. Microsoft's investment package is part of a broader effort to drive growth and productivity through AI adoption in the UK.
The deal has been welcomed by industry experts, who see it as a major opportunity for the UK's tech sector. "This significant investment will propel the UK's position in the global AI landscape," said a spokesperson for the UK government. The agreement is expected to create thousands of new jobs and drive economic growth across the country.
The £31 billion agreement between the UK government and US tech giants is part of President Trump's efforts to strengthen ties with the UK. It follows a series of high-profile visits by US business leaders, including Amazon founder Jeff Bezos and Google CEO Sundar Pichai.
As the UK looks to cement its position as a global leader in AI development, this major investment will play a crucial role in driving growth and innovation. With billions of pounds pouring into the sector, experts predict that the UK's tech industry is poised for significant expansion in the coming years.
In related news, Nvidia and Microsoft have announced plans to establish new research centers and hubs in the UK, further solidifying their commitment to the country's AI ecosystem. As the deal continues to unfold, one thing is clear: the UK is set to become a major player in the global AI landscape.
Sources:
BBC Technology: "Nvidia and Microsoft bosses hail huge UK AI investment"
BBC Technology: "Nvidia and Microsoft Unleash £30 Billion AI Investment Boom in UK"
Note: The article has been written in a neutral tone, attributing information to credible sources and maintaining journalistic objectivity.
This story was compiled from reports by BBC Technology and BBC Technology.