US President Donald Trump and UK Prime Minister Keir Starmer unveiled a new technology partnership at a business roundtable Thursday, where they were joined by executives highlighting efforts to deepen ties on artificial intelligence and digital assets.
The agreement will create “billions of dollars in opportunities for American farmers to sell their products into the UK, reduce barriers to trade and give the US manufacturers better access to the UK’s world-class aerospace supply chain which is really, really is world class,” Trump said at the event.
In recent days, Microsoft Corp., OpenAI and other American companies made public plans to spend tens of billions of dollars on technology infrastructure in the UK. The British government has also touted investments totaling $250 billion (£150 billion) from American businesses, capped by commitments from Blackstone Inc., software company Palantir Technologies Inc. and logistics company Prologis Inc., that will result in creating some 7,600 jobs.
The leaders also touted joint efforts to streamline approval and construction of nuclear power plants which are seen as critical for powering energy-hungry data centers necessary for emerging technologies.
“It’s a blueprint to win this new era together, shape it according to our shared values and seize the incredible opportunities that are on offer,” Starmer said. “I want to thank all of you for supporting this vision. We have huge new investments from Nvidia, Nscale, OpenAI, Google, Salesforce and many more backing cutting-edge British jobs for years to come.”
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