"To tie in with US president Donald Trump's state visit, the UK and US have agreed to the Tech Prosperity Deal, to boost the development and deployment of artificial intelligence (AI), quantum and nuclear technologies. Building on the £44bn UK government investment in the AI and tech sector and a commitment to invest a total of £31bn from Microsoft, Nvidia, Google, OpenAI and CoreWeave, Labour is aiming to make the UK Europe's largest gigafactory."
"As part of the pact, the UK and US will unite to forge joint research schemes to further the use of AI to allow for targeted treatments and other shared priorities, such as fusion energy. This could see both countries working together to build AI models for life-changing breakthroughs such as targeted treatments for those suffering with cancer or rare and chronic diseases."
"When asked about the lack of sufficient onshore tech skills, Narayan said: "The starting point is that Britain has amazing talent already." Along with the skills across universities, researchers and AI startups, he also spoke about Labour's 50-point AI opportunities plan. "We are going to be laser-sharp focused on the execution of the skills element," said Narayan. "We've been focused on making sure that we are getting people to invest in British talent and British firms.""
The UK and US agreed the Tech Prosperity Deal to boost development and deployment of artificial intelligence, quantum and nuclear technologies. The plan builds on £44bn UK government investment and about £31bn committed by Microsoft, Nvidia, Google, OpenAI and CoreWeave, with aims to make the UK Europe's largest gigafactory. The partnership will create joint research schemes to apply AI for targeted treatments and shared priorities like fusion energy, potentially enabling AI models for breakthroughs in cancer and rare chronic diseases. Minister Kanishka Narayan called it "the first-ever UK-US tech deal", stressing Britain's existing talent, a focus on skills execution and deploying large GPU clusters.
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