In a significant development during U.S. President Donald Trump’s second state visit to the UK, Britain and the United States have formalised a £31 billion ($42 billion) “Tech Prosperity Deal”. This landmark agreement aims to bolster collaboration in artificial intelligence (AI), quantum computing, and civil nuclear energy, positioning both nations at the forefront of technological innovation.
The pact has garnered substantial commitments from leading U.S. technology firms. Microsoft is set to invest £22 billion to expand its cloud and AI infrastructure, including the establishment of an AI supercomputer in Loughton, northeast London. Nvidia plans to deploy 120,000 graphics processing units (GPUs) across the UK, marking its largest European rollout to date. Google has pledged £5 billion for a new data centre in Waltham Cross and continued support for AI research through its DeepMind project. Other companies, such as CoreWeave, Salesforce, Amazon Web Services, and Oracle, have also announced significant investments, further strengthening the UK’s position in the global tech landscape.
British Prime Minister Keir Starmer emphasised that the deal could shape the future for millions on both sides of the Atlantic, driving economic growth and enhancing security. In response to economic challenges, Starmer is adopting a regulatory approach more aligned with the U.S. model, favouring a lighter touch compared to the more controlled EU framework.
The “Tech Prosperity Deal” underscores the deepening economic and strategic ties between the UK and the U.S., with both nations committed to advancing technological innovation and ensuring energy security. As the global tech landscape evolves, this partnership positions the UK as a pivotal player in shaping the future of technology.
