"These companies need those infrastructure resources anyway, he said. They're building datacentres all over the world. Maybe they were pushed a bit forward just to meet the timetable with this week's state visit. But it's all one-way traffic. We're a kind of vassal state technologically, we really are. The moment our companies, our tech companies, start developing any scale or ambition, they have to go to California, because we don't have the growth capital here."
"In a sense, this US-UK tech deal is just another version of the United Kingdom holding on to Uncle Sam's coat-tails, he said. We just have to be a little bit more realistic about our predicament and a little bit firmer about what we can do ourselves, rather than what I think we're seeing with this US-UK tech deal which is"
A multibillion-dollar transatlantic tech agreement coincided with Donald Trump's state visit and involved major companies including Nvidia, OpenAI and Microsoft. Some announcements included a reported $30bn Microsoft investment. The deals increase UK reliance on US technology and infrastructure, reinforcing a one-way relationship that channels scale and growth capital toward California. Major firms are expanding global datacentre infrastructure, and some investments may have been timed to match the state visit. Concerns were raised that the approach prioritizes foreign investment over building domestic tech capacity, and that caution is warranted when pursuing close US-UK tech tie-ups.
Read at www.theguardian.com
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