Google owner reveals £5bn AI investment in UK ahead of Trump visit
Google owner, the world’s fourth largest company, has announced an investment of 5 billion pounds ($ 6.8 billion) to the UK Artificial Intelligence (AI).
Money will be used for infrastructure and scientific research in the next two years – the first of the few major US investments announced in front of US President Donald Trump’s state visit.
Google President and Chief Investment Officer, Ruth Pore, said in a special interview with BBC News that there are “deep opportunities in the UK” because of “leading work in advanced science”.
The company will officially open a data center of $ 1 billion (£ 735 million) in Waltham Cross and Waltham Cross and Walthadshire on Tuesday.
Investment will expand this site and will also contain financing for London -based Deepmind, operated by the British Nobel Prize owner Sir Demis Hassabis, who spoke to AI’s revolution for advanced scientific research.
Ms. Porrat, “Now the US-UK special technology relationship … To alleviate the negative risks we need to work together, but economic growth, social services, science is a tremendous opportunity to advance, he said.
The government’s AI opportunities showed the action plan to invest, but he said, “There are still work to do to do so,” and said that it is not an unpredictable result to catch the upper part of the AI explosion. “
Reeves said that the investment was “a strong vote of confidence in the UK economy” and “the power of our partnership with the United States”.
The US administration suppressed Britain to irrigate digital service taxes on companies, including Google this year, but it is not expected to take part in this week’s announcements.
In the next 24 hours, the UK investments of more billion dollars are expected from the US giants.
Analysts say Pound’s partial interest rate changes strengthen the expectations and the flow of US investment.
On Monday, Google’s owner Alphabet became the fourth company with more than $ 3 trillion in terms of total stock market value and joined other technology giants Nvidia, Microsoft and Apple.
Google’s share price increased last month after the US courts decided not to order the disintegration of the company.
Sundar Pichai, Google CEO, managed to make the company “AI’s first” job, Mrs. Porrat says, “The performance that results in metric,” he says.
Until this summer, Google was led to most of the lock research behind large language models, but it was seen that it was behind initiatives like Openai.
There have been some concerns about the energy use and environmental impact of data centers in the world.
Ms. Porrat said that the facility would be cooled instead of the water cooled and that the heat was “caught to heat schools and houses and will be re -deployed.”
Google also signed an agreement with Shell to provide “95% carbon -free energy” for UK investments.
In the United States, the Trump administration suggested that the power needs of AI data centers require return to the use of carbon intensive energy resources.
Ms. Porrat, Google is determined to build renewable energy, but “clearly the wind does not explode and the sun does not shine at any time of the day,” he said.
He said that energy efficiency was placed in microchips, models and data centers, but it is important to “modernize the grill” to balance excessive capacity periods.
Asked about the fears of a graduate business crisis induced by AI, Ms. Porrat said that her company focused on AI Jobs Challenge “spending a lot of time”.
“It would be naive to assume that there is no disadvantage. If companies only use AI to find efficiency, we will not see the opposite of the UK economy or any economy.”
However, he said that all new industries have been created, opened new doors and added the following in nursing and radiology: “AI cooperates with people instead of changing them.
“Each of us needs to start using AI, so that you can actually understand what help you can do with what you do, rather than scared and watching the edges.” He said.
