Major companies in the U.S. have pledged a combined total of £150 billion in the U.K., which is expected to create thousands of jobs targeting multiple sectors, a result of a formal meeting between both world leaders.
The official press release by the United Kingdom states that an estimated 7,600 jobs will be created. Of the total amount, private equity firm Blackstone has reportedly pledged close to £100 billion.
Apart from the private equity firm, other companies that have pledged money include Palantir and Prologis.
Building data centres and artificial intelligence infrastructure is expected to be a huge part of the broad-scale collaboration between the two countries. Google has already opened a data centre in Hertfordshire, Waltham Cross, and has said it will be investing 5 billion pounds in the United Kingdom over two years.
“When we back British brilliance, champion our world-class industries, and forge deeper global alliances — especially with friends like the US — we help shape the future for generations to come and make people across the country better off,” said U.K. Prime Minister Keir Starmer.
“These record-breaking investments will create thousands of high-quality jobs across the UK — from clean energy to advanced manufacturing,” said Business and Trade Secretary Peter Kyle.