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.
Japanese financial heavyweight SBI Group has significantly backed stablecoin issuer Circle, injecting $50 million into the company’s recent upsized initial public offering (IPO) on the New York Stock Exchange.
After a long stretch of subdued activity, OpenSea is experiencing a notable uptick in user engagement.
OpenAI’s Sam Altman is taking his controversial identity-verification venture, Worldcoin, to the United Kingdom, beginning with a launch in London.
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