"Google has said it will invest 5bn in the UK in the next two years to help meet growing demand for artificial intelligence services, in a boost for the government. The announcement, which comes as Google opens its new datacentre in Waltham Cross in Hertfordshire, is expected to contribute to the creation of thousands of jobs, the US tech company said."
"On Tuesday, Google said it would pump 5bn into capital expenditure, research and development, and related engineering over the next two years, which would include pioneering AI research in science and healthcare through its Google DeepMind operation. The Silicon Valley company said the investment would help the UK grow its AI economy and contribute to technological breakthroughs, improvements in cybersecurity and job creation. Google predicted the investment would help to create 8,250 jobs annually at UK businesses."
Google will invest 5bn in the UK over the next two years to meet rising demand for artificial intelligence services and to fund capital expenditure, research and development, and engineering. The investment coincides with the opening of Google's first UK datacentre in Waltham Cross, Hertfordshire, and includes pioneering AI research in science and healthcare through Google DeepMind. Google says the funding will support technological breakthroughs, bolster cybersecurity and stimulate job creation, estimating it could generate 8,250 jobs annually at UK businesses. The announcement follows reports of major datacentre investments from OpenAI and Nvidia and was described by the chancellor as a vote of confidence in the UK economy.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]