The American tech giant, Alphabet Inc., Google’s parent company, announced it will invest £5 billion (around $6.8 billion) into the UK economy over the next two years. The funds will be allocated to developing the country’s artificial intelligence ecosystem, particularly through its London-based DeepMind division, as well as for research in science and healthcare.
A portion of this investment will be used to construct a new data center in Waltham Cross. This facility will support core Google services like Search and Maps. The company estimates that the project will sustain approximately 8,250 jobs annually.
This announcement comes ahead of US President Donald Trump’s visit to the UK, where he is scheduled to sign economic agreements worth over $10 billion, including partnerships in the nuclear energy sector.
In addition to Google, OpenAI and Nvidia are also planning to make multi-billion-dollar investments in UK data centers. This confirms the UK’s strategic role as a European hub for the development of artificial intelligence and innovative technologies.
