Britain and the US sealed a £31B Tech Deal, with Microsoft, Nvidia and Google investing into AI,QC and energy.
UK and US strike £31B Tech Deal led by Microsoft, Nvidia, Google
Britain and the US have signed a major £31 billion ($42 billion) deal to strengthen cooperation in artificial intelligence, quantum computing and civil nuclear energy. The deal includes investments from leading US technology companies including Microsoft, Nvidia and Google.
Tech partnership during Trump’s visit
The “Tech Prosperity Deal” is being launched during former President Donald Trump’s second official state visit to the United Kingdom. On Wednesday, he is set to receive a ceremonial welcome at Windsor Castle, where he will meet with King Charles.
According to the British government, the agreement will focus on collaborative efforts in AI for healthcare, quantum computing, and fast-tracking nuclear energy initiatives. Prime Minister Keir Starmer described the deal as one that “could significantly improve the lives of millions across both the UK and the US.”
Investment bet
Starmer, under pressure after years of sluggish economic growth, is now trying to position Britain as a destination for big investment. London is increasingly leaning towards the American “lightweight” model of AI, while the EU continues its tougher stance.
A wave of American money
Microsoft to invest £22bn in expanding its cloud and AI infrastructure, including building Britain’s largest AI supercomputer in Lawton.
Nvidia to deploy 120,000 GPUs across the country, including 60,000 Grace Blackwell Ultras in partnership with Nscale and OpenAI for the UK part of the Stargate project.
Google is investing £5bn, including a data centre in Waltham Cross and the development of DeepMind.
CoreWeave, together with DataVita, will finance £1.5bn in new energy-efficient data centres in Scotland.
The investors have also been joined by BigTech companies. Overall, their pledged investments span from several hundred million to multiple billions of pounds
Britain as an AI hub
“This investment will truly make Britain an AI producer, not just a consumer,” said Nvidia vice president David Hogan. And Microsoft chief Satya Nadella stressed that America is committed to remaining a “trusted technology partner” for the UK.
The deal shows that London is seeking to cement its status as a global innovation hub, using American investment to drive breakthroughs in new technologies.