"British Prime Minister Keir Starmer said the agreement represented "a general step change" in Britain's relationship with the US that would deliver "growth, security and opportunity up and down the country". The "tech prosperity deal", announced as Mr Trump arrived in the UK on Tuesday night, will see the UK and US co-operate in areas including artificial intelligence (AI), quantum computing and nuclear power."
"Microsoft's investment, the largest ever made by the company in the UK, will fund an expansion of Britain's AI infrastructure, which Labour sees as a key part of its efforts to secure economic growth, and the construction of the country's largest AI supercomputer. Brad Smith, vice chairman and president of the firm, said it had "many conversations" with the UK Government, including No 10, "every month", adding that the investment would have been "inconceivable because of the regulatory climate" in previous years."
The UK and US have launched a 'tech prosperity deal' to cooperate on artificial intelligence, quantum computing and nuclear power. The agreement accompanies £31 billion of US tech investment in Britain, including $30 billion from Microsoft. Microsoft's funds will expand Britain's AI infrastructure and construct the country's largest AI supercomputer, and the company is backing Nscale to help develop a major UK data centre. Microsoft executives said frequent conversations with the UK government and a changed regulatory climate enabled the investment, and noted that spending £22 billion reflects confidence in the country's government, market and direction.
Read at Irish Independent
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