In a significant stride for international cooperation, U.S. President Donald Trump and British Prime Minister Keir Starmer have formalized a landmark technological and energy investment agreement during President Trump's state visit to the United Kingdom.
Dubbed the "UK-US Technological Prosperity Accord," this pact represents the largest bilateral investment in British history, totaling an impressive £250 billion (approximately $340 billion). The agreement strategically targets key sectors poised to define the future: artificial intelligence (AI), quantum computing, and nuclear energy. Microsoft is set to invest $30 billion over the next four years to bolster the UK's AI infrastructure and support the development of the nation's largest supercomputer. This initiative will be realized in collaboration with Nscale, a UK-based firm, and will incorporate advanced NVIDIA GPUs. Nvidia and OpenAI are also contributing £500 million to Nscale for the development of the British arm of the Stargate AI infrastructure project, aiming to enhance the UK's sovereign compute capabilities. This significant investment is projected to create approximately 15,000 new jobs across the United Kingdom.
Prime Minister Starmer lauded the accord as "the largest investment package of its kind in British history by a country by a considerable margin," emphasizing its transformative potential for the UK's economic landscape. Beyond technological advancements, the agreement includes a substantial commitment to nuclear energy, with plans to construct 12 new advanced nuclear reactors in the Northeast of England. This initiative, led by companies such as X-energy and Centrica, aims to bolster energy capacity and enhance energy security for both nations, with the potential to power up to 1.5 million homes. The broader economic impact is anticipated to be substantial, with projections suggesting the overall program could deliver at least £40 billion in economic value, with a significant portion directed towards the Northeast of England.
During a joint press conference, President Trump underscored the enduring strength of the US-UK relationship, describing it as an "unbreakable bond." Prime Minister Starmer echoed this sentiment, expressing satisfaction with the deepening economic and technological ties. The leaders also addressed geopolitical situations, including Gaza and Ukraine, with Starmer emphasizing pressure on Russian President Vladimir Putin and Trump expressing a desire for a swift resolution in Ukraine.