Google to Invest £5 Billion in UK AI Drive Ahead of Trump Visit
Google said on Tuesday it was investing 5 billion ($6.8bn) in the UK over the next two years to help power the country’s AI drive, ahead of a visit by US President Donald Trump The funds will be allocated to the company’s “capital expenditure, research and development … and includes Google DeepMind with its groundbreaking AI research in the fields of science and healthcare,” as stated by Google. On Tuesday, Google is set to inaugurate a data center in Waltham Cross, located in eastern Hertfordshire, which was previously announced last year alongside a $1 billion investment. According to a Google spokesperson speaking to AFP, Tuesday’s announcement will be in addition to the funds that have already been committed. Trump is expected to arrive in Britain later on Tuesday for a historic second state visit, during which the UK government, led by Prime Minister Keir Starmer, will make every effort to appeal to the unpredictable American president. A senior US official indicated that Trump will be joined by a “significant” contingent of US tech CEOs during his meeting with Starmer at the Prime Minister’s country residence on Thursday. Reports from US media suggest that this group will include the leaders of chip manufacturing giant Nvidia and OpenAI, the creator of ChatGPT. The US official informed reporters, including those from AFP, that “this visit will showcase a new science and technology partnership that will involve billions of dollars in fresh investment.” The two nations are poised to finalize agreements totaling approximately $10 billion, which will include an initiative to expedite the development of a new nuclear project, as well as what British officials refer to as “a world-leading tech partnership.” On Sunday, Starmer already praised the intentions of US financial institutions, such as PayPal and Citi Group, to invest £1.25 billion in the UK. The nuclear partnership is expected to facilitate quicker regulatory approvals and several new private sector investment agreements for nuclear initiatives, as the UK aims to achieve its net zero and energy security objectives.