During London Tech Week, Nvidia CEO Jensen Huang highlighted a critical gap in the UK’s artificial intelligence ambitions: while the country is home to exceptional talent, it lacks the computing backbone necessary to lead globally.
Speaking alongside UK Prime Minister Keir Starmer, Huang described the moment as ideal for AI growth — but warned that without significant investment in infrastructure, the UK risks being left behind by the U.S. and China, both of which are rapidly scaling AI capacity through supercomputing and data centers.
In response, Starmer pledged £1 billion to boost the UK’s AI infrastructure twentyfold, a move aimed at closing the gap. Additional initiatives included a regulatory sandbox from the Financial Conduct Authority and a £1.5 billion investment pledge from fintech firm Liquidity.
While countries like the U.S. and China dominate the AI space through collaboration between industry and research or commercial applications, Europe has struggled to keep up. Huang, however, sees opportunity: AI, he says, will soon be as essential to industry as electricity — and Britain, with the right tools, could become a key player.
Huang’s European tour continues with stops in Paris, Berlin, and Brussels, as he promotes Nvidia’s vision of AI as critical infrastructure shaping the future of every major sector.
The final week of July is shaping up to be a pivotal one for global markets, with multiple high-impact U.S. economic events lined up that could trigger volatility across stocks, bonds, and crypto assets.
Cryptocurrency ownership in the U.S. has grown steadily over the past few years, but it remains far from widespread.
The final days of July could bring critical developments that reshape investor sentiment and influence the next leg of the crypto market’s trend.
Tyler Winklevoss, co-founder of crypto exchange Gemini, has accused JPMorgan of retaliating against the platform by freezing its effort to restore banking services.