Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The fourth -largest company in the world, the Google Alphabet, has announced an investment of £ 5 billion ($ 6.8 billion) in the UK’s artificial intelligence (AI).
The money will be used for infrastructure and research over the next two years – the first of several mass investments in the US presented ahead of US President Donald Trump’s state visit.
Google Ruth’s President and Chief Investment Director BBC News in an exclusive interview, in the UK there were “deep opportunities” for their “pioneer work in advanced science”.
The company will officially open a $ 1 billion data processing center (£ 735 million) in Waltham Cross, Hertfordshire, with Chancellor Rachel Reeves on Tuesday.
Investments expand this site as well as include the financing of the London Deepmind, which manages the British Nobel Prize Sir Demis Hasabis Nobel Prize, which deployed AI for revolution in advanced scientific research.
Ms Porat said that “there is now relations with US-UK special technology … There are risks we need to work together to mitigate, but there are also huge opportunities in economic growth, social services, promoting science.”
She pointed to the AI Government Action Plan as assistance in the investment, but said: “We still need to do a job to land,” and that the admiration of the inverted ah -boom “was not in advance.”
Reivz said the investment was “powerful vote to the UK economy” and showed “the power of our partnership with the US.”
The US administration has pressed the UK to water its digital tax on the company, including Google, in the negotiations this year, but it is expected to be submitted this week.
Further multi -billion dollar investments in the UK are expected from US giants over the next 24 hours.
According to analysts, the pound strengthened, in part about the expectations of changes in interest rate and investment flow.
On Monday, the Google Alphabet owner became a fourth company that cost more than $ 3 trillion in terms of the total stock market, joining other NVIDIA, Microsoft and Apple technology giants.
Google stock price rose last month after US courts decided not to order the company’s breakdown.
Google Sundar Pichai CEO managed to make the company “first” business, and Mrs. Porat said, “This is the speech that led to this metric.”
Before this summer, Google has alleged lagging behind startups such as Openai, despite the first time entered the main studies of large language models.
There has been a certain concern about the use of energy and environmental data centers worldwide.
Ms. Porat said the object would be cooled on the air cooling, not cooled, and the heat is “enthusiastic and redistributed to thermal schools and houses.”
Google also signed a transaction with Shell to supply “95% of energy without carbon” for its investment in the UK.
In the US, Trump’s administration suggested that electricity needs at the II data center require return to the use of carbon energy.
Ms Porat said that Google remains committed to the construction of renewable energy, but “obviously the wind does not blow, and the sun does not shine every hour.”
She said that “upgrading the net”, but it is important to “upgrade the network” to “upgrade the network” to balance excess power periods.
Asked about the fears of the AI graduate school crisis, Ms Porat also said that her company is “spending a lot of time” oriented to AI Jobs.
“It would be naive to assume that there is no shortage. If companies just use AI to find efficiency, we are not going to see the advantage of the UK economy and any economy.”
But, she said, new branches were created, opening new doors, as well as in jobs such as sister and radiology, adding: “AI cooperates with people, not replace them.
“Each of us must start using the II so that you can understand how it can be helping out what you do, unlike in fact they are afraid and look at the sidelines,” she said.
