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AI could boost UK economy by 10% in 5 years, says Microsoft boss

Zoe KleinmanTechnology editor

Getty Images Satya Nadella Smiley, Wearing Glasses and Black SweaterGetty Images

Microsoft said the UK’s new $ 30 billion (£ 22 billion) investment in the artificial intelligence sector (the largest of the US) should significantly increase its economy in the next few years.

The package is an important part of a 31 billion dollar agreement between the British government and various US technology giants, including NVIDIA and Google, to invest in British -based infrastructure to support AI technology in the form of data centers to a large extent.

Microsoft will also be involved in the creation of a strong new super computer in Loughton, Essex.

Only BBC Microsoft CEO told Satya Nadella about the potential impact of technology on economic growth. “

“It can be faster, so our hope is not ten years, maybe five”.

“When someone gets excited about AI, I want to see economic growth and GDP growth.”

Prime Minister Sir Keir Starmer said that the US-UK agreement was “one-step change in our relationship with the United States”.

He added that the agreement “to create high -qualified work, put more money in people’s pockets and this partnership benefits every corner of the United Kingdom”.

The England’s economy has stubbornly stubbornly in recent months.

Nadella compared the economic benefits of AI’s meteoric rise with the influence of the personal computer when it became widespread in the workplace about ten years after the first scaling in the 1990s.

However, there are also growing murmurs that AI is a very lucrative balloon that is about to explode. Nadella admitted that “all technology things are about booms, busts and bubbles,” and warned that AI should not be overly hyper or less, but newborn technology will still bring new products, new systems and new infrastructure.

He acknowledged that energy consumption was “too high”, but argued that the potential benefits of health, public services and work efficiency were valuable. He added that investing in data centers has invested in modernization of the “effective” power network, but that money would be directly shared with the national network of the UK’s power supplier.

The campaign group Foxglove warned that the UK can “bring the bill for the enormous amount of power needed by giants”.

Super computer to be built on Loughton, Essex Already announced In January by the government, but Microsoft now came to the project.

Big Tech is coming to the city

Mr. Nadella explained the investment because Donald Trump came to England during a three -day state visit

In order to strengthen the ties with Artificial Intelligence, Quantum Information Processing and Nuclear Energy, the UK and the United States signed a “technology welfare agreement” as part of the visit.

Google has Promised 5 billion pounds For AI research and infrastructure in the next two years.

On Tuesday, the UK Chancellor Rachel Reeves opened a 735 million pound data center as part of the investment in Hertfordshire on Tuesday.

There are some concerns that accepting a lot of money from US investors will mean that Britain is very trusted in foreign technology.

In July, Trump clearly stated that the US has intention. Win the Global The AI ​​race.

One of the ways to do this was “exporting American artificial intelligence to allies and partners”.

The UK government signed a number of agreements with US technology companies. Use of Openai Services It is a contract for using Google Cloud services in the public sector and the Ministry of Defense.

Satya Nadella argued that the agreement describes the “next stage of globalization” and benefited from digital sovereignty rather than threatening access to foreign technology services.

In the increasing issue of AI’s seizure, Nadella said that Microsoft should be “changed with changes in technology”, which has dismissed thousands of personnel this year despite record sales and profits. He described this as the “difficult process”.

AI Growth Zone in Northeast England

The government also said that there is “more than 5,000 jobs and more than billion private investment potential” in northeast England.AI Growth Zone“.

Last year, the government announced An investment of 10 billion pounds in a data center Northumberland will be built near Blyth.

Openai has now announced another data center project called Stargate UK from Chipmaker Nvidia, Semiconductor Company ARM and AI infrastructure.

This will be at Cobalt Park in Northumberland.

Openai boss Sam Altman, Stargate UK’nin “accelerate scientific breakthroughs, increase productivity and increase economic growth will help,” he said.

However, the UK version is a part of the US -based Stargate project, with the launch of Openai in January, with the commitment to invest $ 500 billion for the next four years.

So far, the reaction to the agreement has been widely positive, but it is clear that there are many difficulties for the UK to fulfill its intended potential.

The Tony Blair Institute described the news as a “moment of breakthrough”, but he added that Britain had some things to do: “” To speed up the presentation of clean energy projects and to create the necessary digital infrastructure to accelerate the presentation of the country’s technology -specific growth agenda. “

Matthew Sinclair, England Director of the Computer and Communication Industry Association, greeted the agreement as a “strong show of the scale of the AI ​​opportunity for the UK economy”.

However, the conservative party, the drug giant Merck, such as other major international companies recently canceled or delay the UK expansion plans stressed.

Satya Nadella spoke with BBC News between the Board of Directors meetings shortly before he jumped on a flight to Donald Trump when he came to England during a three -day visit to England. Nadella will be among other technology leaders, including Sam Altman from Openai and Jensen Huang of Nvidia, and will participate in the Royal State feast on Wednesday.

He said Microsoft would use AI Tool Copilot to help him decide what to wear.

“I was very surprised that there was a very different dress protocol, which is not really sure that I was ready,” he said.

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