US tech giants pledge to invest over $40 billions in the UK
Jinse Finance reported that several major U.S. technology companies have announced plans to invest over $40 billions to expand the UK's AI infrastructure, which is a significant boon for the UK as the country welcomes Trump's state visit. Microsoft (MSFT.O) stated on Tuesday that it will invest $30 billions in the UK's AI infrastructure and existing operations by 2028, marking the company's largest financial commitment in the UK. Google (GOOG.O) announced that it will invest approximately $6.8 billions in the UK over the next two years for AI, R&D, and related engineering. Meanwhile, Nvidia (NVDA.O), OpenAI, and UK-based Nscale are joining forces to build AI infrastructure in the UK to meet OpenAI's computing power needs. The project, known as "Stargate (UK)", is expected to be located in the northeast of the UK and will utilize tens of thousands of Nvidia's Grace Blackwell Ultra GPUs. Among other investments, AI cloud computing company CoreWeave plans to invest about $2.04 billions in the UK for AI data center capacity and operations. Salesforce announced that it will reinvest an additional $2 billions in its UK business by 2030, while BlackRock will invest £500 millions in data centers across the UK.
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