Tech Giant Google has said it will invest 5 billion pounds in the United Kingdom over a period of two years, as U.S. President Donald Trump is all set to visit the U.K. for a meeting with Prime Minister Keir Starmer, as per an announcement from the company.
The update comes as Google opens a data centre in Waltham Cross in Hertfordshire. The tech giant has said that the new addition is expected to add thousands of jobs to the U.K. economy.
The data centre is one among many instances of tech firms such as Nvidia and OpenAI opening data centres across the globe to help countries further their goals of creating a cryptocurrency sector.
Google has said the 5 billion pound investment is expected to create 8,250 jobs.
Google’s payment tech arm is also expanding its reach with Google Pay and Wallet going live in Saudi Arabia on a limited basis, with more banks to add the payment app as an option as the rollout progresses.
Microsoft announces $30 billion investment in AI infrastructure
Meanwhile, Microsoft said that it plans to invest $30 billion in artificial intelligence infrastructure in the U.K. by 2028. Of the $30 billion pledged, half of that will go toward building and upgrading facilities, and the other half will support Microsoft’s operations there.
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In the works is Microsoft’s plan to create the country’s biggest supercomputer, using over 23,000 powerful graphics chips. They’ll be working with a British cloud company called Nscale to make it happen. These announcements and investments are likely to occur during President Donald Trump’s official visit to the U.K. Trump is scheduled to arrive on Tuesday night and will meet King Charles and Queen Camilla at Windsor Castle on Wednesday.
(This article was co-written with Stacy Pereira)