The world's fourth-biggest company, Google-owner Alphabet, has announced a £5bn ($6.8bn) investment in UK artificial intelligence (AI). The money will be used for infrastructure and scientific research over the next two years - the first of several massive US investments being unveiled ahead of US President Donald Trump's state visit. Google's President and Chief Investment Officer, Ruth Porat, told BBC News that there were 'profound opportunities in the UK' for its 'pioneering work in advanced science'. This investment will expand their operations at a new $1bn (£735m) data center in Waltham Cross, Hertfordshire, which will be officially opened with Chancellor Rachel Reeves on Tuesday. The funding will also support the London-based DeepMind, spearheaded by British Nobel Prize winner Sir Demis Hassabis, aimed at advancing scientific research through AI. Porat highlighted a US-UK special technology relationship and expressed optimism for economic growth and social services through this collaboration, although she acknowledged the need to navigate potential risks associated with AI. The announcement aligns with the UK's AI Opportunities Action Plan, although Porat remarked that leveraging the full benefits of AI is not guaranteed. Expect further billion-dollar investments from US tech giants in the upcoming days, contributing to a strengthening pound and a promising outlook for tech advancement in the UK.
Google's £5bn AI Investment in the UK: A Game-Changer Ahead of Trump's Visit

Google's £5bn AI Investment in the UK: A Game-Changer Ahead of Trump's Visit
Google's parent company, Alphabet, unveils a massive £5bn investment in UK AI infrastructure and research, coinciding with President Trump's anticipated visit.
Google's parent company, Alphabet, has announced a strategic investment of £5bn ($6.8bn) aimed at enhancing AI capabilities in the UK, as part of a series of US investments coinciding with Trump’s state visit. The funds will develop scientific research and infrastructure, including a new data center in Hertfordshire. Alphabet’s leadership emphasizes the significant opportunity within the UK and plans to ensure that AI advancements benefit the economy and society, despite concerns about job displacement in the process.