Microsoft Corp. , OpenAI and other American companies announced plans to spend tens of billions of dollars on technology infrastructure in the UK, part of a series of business deals that coincide with President Donald Trump ’s visit to the nation this week.
The tech giants are dedicating more than £31 billion ($42.3 billion) to artificial intelligence systems, quantum computing initiatives and other tech projects, the UK’s Department for Science, Innovation and Technology said in a statement on Tuesday. Joining Trump on the visit are several Silicon Valley luminaries, including Nvidia Corp. Chief Executive Officer Jensen Huang and Sam Altman from OpenAI, which is also bringing its Stargate program to the UK.