STORY: Donald Trump arrived in the UK late Tuesday (September 16) for an unprecedented second state visit to the country.
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The trip will see both pomp and protests, but the two countries also hope it will mark the start of a new era in investment.
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To mark the event, they’ve agreed a “Tech Prosperity Deal” with an estimated value of $42 billion.
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Among the major investments promised…
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Microsoft says it will spend around $30 billion expanding cloud and AI infrastructure in the UK.
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It will also help build the country’s biggest AI supercomputer in north-east London.
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Google promised almost $7 billion in spending on a new data center and AI research.
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And Nvidia said it would deploy 120,000 advanced chips across the country.
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It could all be a timely boost for embattled UK Prime Minister Keir Starmer, who is under pressure to revive growth.
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He wants to pitch Britain as a destination for further investment, touting it as offering the kind of light-touch regulation favored by the US.
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The UK government says the new pact will include efforts to use AI in healthcare, expand quantum computing capabilities and streamline civil nuclear projects.
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Trump’s visit is unlikely to be all plain sailing, however, with the U.S. president a divisive figure in the UK.
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In a possible taste of things to come, protesters projected images of him with the late sex offender Jeffrey Epstein onto the walls of Windsor Castle.
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Starmer will be hoping there are no more such stunts when his guest arrives at the castle on Wednesday (September 17) to be feted with a day of royal pageantry.
