US-UK Tech Prosperity Deal: A 'Generational Step Change' in AI Collaboration
Microsoft, aiming to bolster ties with the UK, joins other American tech giants in a $30 billion investment initiative under the US-UK Tech Prosperity Deal to advance AI and emerging technologies. The announcement coincides with President Trump's state visit, focusing on fostering innovation and economic growth.
- Country:
- United Kingdom
Microsoft CEO Satya Nadella announced on Wednesday that the company is intensifying its investments in the UK, as President Trump began his State Visit with a spotlight on the newly unveiled US-UK Tech Prosperity Deal. The deal aims to propel technologies like AI, quantum computing, and nuclear advancements.
Trump's itinerary in London included discussions with Prime Minister Keir Starmer, highlighting a commitment to emerging technologies. The Tech Prosperity Deal, characterized as a 'generational step change', pledges joint resources to transform tech landscapes in both nations.
In addition to Microsoft's investments, tech giants like NVIDIA, Google, OpenAI, and CoreWeave are collectively investing £31 billion to enhance the UK's AI infrastructure. UK Technology Secretary Liz Kendall described the deal as a strategic boost for the nation's AI sector, fostering job creation and growth.
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