Google It is said that it will invest £ 5 billion in the UK in the next two years, so that AI can help meet the increasing demand for services. Government,
Announcement, which comes in the form of Google, opens its new data center in Waltham Cross HertfordshireThe US tech veteran said that it is expected to contribute to the construction of thousands of jobs.
Chancellor Rahel reeves The major investment in research and development, capital expenditure and engineering is the “vote of trust” in the UK economy.
It also follows the reports that the chat parent firm Openi And amidst the state visit of NVIDIA President Donald Trump, this week will unveil dollars of investment in UK data centers.
On Tuesday, Google said it would pump £ 5 billion in capital expenditure, research and development and related engineering over the next two years, including “leading” AI research in science and healthcare through its Google Deepmind operation.
The Silicon Valley firm said that investment will help the UK to increase its AI economy and contribute to technological successes, improving cyber security and employment generation.
Google predicted that investment would help in making 8,250 jobs annually in UK businesses.
Ms. Reeves will officially open the company’s first UK data in the Waltham Cross on Tuesday amid Google’s cloud, workpace, search and maps services.
The Chancellor said: “Google’s investment of £ 5 billion is a powerful vote of faith in the UK economy and is the strength of our partnership with the US, produces employment and economic growth for the years to come.
“This government is reversing decades, which has taken us back for a very long time, invested in better technology to kill cumbersome red tape, distribute the bold reforms of the plan system and unlock better jobs and opportunities.”
Damis Hasabis, co-founder and chief executive of Google Deepmind, said: “We established a lamp in London because we knew that Britain had the ability and talent to be a global hub for AI.
“There is a rich history of being at the forefront of technology in the UK – from Loveless to Turing from Bubbage – so it is appropriate that we are continuing that legacy by investing in the next wave of innovation and scientific discovery in the UK.”