Nvidia plans to inject £2 billion into the UK's AI startup ecosystem, collaborating with venture capital firms to distribute funding across key hubs like London, Oxford, Cambridge, and Manchester. This investment aims to tackle challenges hindering UK AI companies, including limited access to supercomputing resources and constrained venture capital outside of London.
The initiative seeks to provide both capital and advanced AI infrastructure to support the development of new AI businesses and technologies. Nvidia's CEO, Jensen Huang, highlighted the UK's unique position with its world-class universities, startups, and researchers.
This investment follows Nvidia's commitment to manufacturing AI supercomputers in America and aligns with a broader strategy to expand AI infrastructure globally. The partnership aims to strengthen the UK's position as a global AI leader, fostering innovation, job creation, and economic growth.
