Nvidia-backed $4 billion AI startup announces major London expansion

Nvidia-backed video generation startup Luma AI is joining a growing wave of U.S. tech companies launching operations in the U.K., with major plans for a London expansion revealed on Tuesday.The Palo Alto-headquartered startup will look to hire around 200 employees — making up around 40% of its workforce — at its new London base by early 2027, across research, engineering, partnerships and strategic development. The expansion comes two weeks on from Luma announcing a $900 million funding round led by Saudi P ...