Core Viewpoint - Google, through its parent company Alphabet, announced a £5 billion ($6.8 billion) investment in the U.K. for artificial intelligence development, coinciding with U.S. President Donald Trump's state visit [1][2] Group 1: Investment Details - The £5 billion investment will support the development of AI technologies and is expected to create 8,250 jobs annually in U.K. businesses [3] - A new state-of-the-art data center will be opened in Waltham Cross, approximately 12 miles (19 kilometers) north of central London, to meet the growing demand for AI-powered services [2][3] Group 2: Economic Impact - The investment is projected to contribute £400 billion to the U.K. economy by 2030, enhancing critical social services [4] - U.K. Finance Minister Rachel Reeves described the investment as a "powerful vote of confidence" in the U.K. economy and the partnership with the U.S. [3]
Google to invest £5 billion in UK AI as Trump heads for state visit