Google invests £5bn in UK

UK – Technology giant Google is investing £5bn in AI in the UK over the next two years, supporting an estimated 8,250 jobs annually.

Google London HQ

The investment includes capital expenditure, research and development, and related engineering, and includes Google DeepMind’s AI research for science and healthcare.

Google has opened a new data centre in Waltham Cross, Hertfordshire, as part of its outlay, with the intention of using the site to support demand for AI services such as Google Cloud, Search and Maps.

The company has also made an agreement with energy firm Shell to manage its carbon-free energy portfolio in the UK and use battery technology to store and feed surplus clean energy back into the National Grid.

Google’s investment, with the new data centre opened by Chancellor of the Exchequer Rachel Reeves, comes months after the publication of the government’s AI Opportunities Action Plan.

The plan focuses on laying foundations to enable AI in the UK, support homegrown AI and help businesses and people embrace the technology.

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