The UK government hailed the recent US state visit as a landmark for the economy. A record £150 billion of inward investment was announced, including £31 billion targeted at artificial intelligence (AI) development.
That encompasses work on large language models (LLMs), the technology behind AI chatbots such as ChatGPT and other generative AI models. It will also cover the supercomputing infrastructure needed to deliver innovations.
Microsoft alone pledged US$30 billion (about £22 billion) over four years, half on capital expenditure such as new data centres, the rest on operations, research and sales. Tech company Nvidia has also promised £11 billion, with plans to deploy 120,000 of its Blackwell graphics processing units (to speed up computer graphics, for example in games, and process digital images) in UK projects. The US AI cloud computing company CoreWeave is building a £1.5 billion AI data centre in Scotland.
