The fourth largest company in the world, the owner of Google, has announced an investment of £ 5 billion in British artificial intelligence (AI). Alphabet predicts that the investment that takes place when Google opens a new data center in Waltham Cross, Hertfordshire, will contribute to the creation of 8,250 jobs in British companies.
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According to “The Guardian”, British Chancellor Rachel Reeves said that investments in research and development, capital expenditure and engineering are a “vote of trust” for the British economy.
The US President, Donald Trump, begins on Tuesday the official state visit to Great Britain, and the home company ChatgPT, OpenAi, and NVIDIA chip designer this week are also to announce investments worth billions of dollars. in British data centers.
Trump arrives in Great Britain. Google announces an investment in AI
On Tuesday, Google announced that in the next two years he will allocate $ 5 billion to capital expenditure, research and development as well as related engineering, which will include “pioneering” research on artificial intelligence in science and healthcare through Google Deepmind surgery.
The company from the Silicon Valley stated that the investment would help Great Britain develop an economy based on artificial intelligence and contribute to technological breakthroughs, improvement of cyber security and creating jobs.
See also: The European Union imposes a billion penalty on Google. The company announces an appeal
As “The Guardian” reports, Reeves will officially open the company's first data center in the UK in Waltham Cross on Tuesday, in the face of a growing demand for Google Cloud, Workspace, Search and Maps.
Google announced that he would cooperate with Shell to help him manage renewable energy supply in Great Britain.
On Monday, Alphabet became the fourth company that exceeded the market capitalization of $ 3 trillion, joining other technology companies such as NVIDIA, Microsoft and Apple.
