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 first week of July brings several important developments in the United States that could influence both traditional markets and the cryptocurrency sector.
Ric Edelman, one of the most influential voices in personal finance, has radically revised his stance on crypto allocation. After years of cautious optimism, he now believes that digital assets deserve a far larger share in investment portfolios than ever before.
In the case involving Terraform Labs and its co-founder Do Hyeong Kwon, the defense has asked the Federal Court for the Southern District of New York to extend the deadline for pretrial filings by two weeks, pushing it beyond the original date of July 1, 2025.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.