UK, US to sign 'groundbreaking' tech deal during Trump's visit
Published in News & Features
The U.K. is poised to sign a “groundbreaking tech agreement” with the U.S. during President Donald Trump’s state visit to Britain next week, according to the U.K. government.
The accord would provide a boost for businesses and consumers on both sides of the Atlantic, the U.K.’s Department for Science, Innovation and Technology said in a statement, without giving details.
“Cutting-edge technology such as AI and quantum computing will transform our lives,” U.K. Technology Secretary Liz Kendall, who was appointed to her role on Sept. 5, said in a statement. That includes new ways to treat diseases as well as improvements to public services, she added.
Trump is set to fly to the U.K. on Tuesday for a second state visit, which is expected to last three days. He’s expected to be accompanied by a delegation of U.S. executives that will include the leaders of Nvidia Corp. and OpenAI.
Nvidia’s Jensen Huang and OpenAI’s Sam Altman plan to pledge support for billions of dollars in U.K. data center investments during their U.K. visit, according to people with knowledge of the matter. CoreWeave Inc., a U.S. cloud computing provider that went public this year, is also set to make an announcement about a U.K. investment, according to a person familiar with the matter.
Separately, BlackRock Inc. plans to invest as much as £500 million ($678 million) in Britain’s data center market, a commitment it unveiled as Chief Executive Officer Larry Fink prepares to join Trump on his state visit.
The U.S. and U.K. already work closely on a range of technologies, including artificial intelligence, semiconductors, telecoms and quantum computing.
(Ellen Milligan contributed to this report.)
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