Nvidia and OpenAI Set to Announce Multibillion-Dollar AI Investment in UK

Nvidia and OpenAI to back major UK investment in artificial intelligence

OpenAI's Sam Altman and Nvidia's Jensen Huang will announce a large artificial intelligence infrastructure investment deal in the UK next week as they accompany US President Donald Trump on his state visit. Altman and Huang are set to support major projects to develop new data centres in the country that could ultimately be worth billions of dollars, following an explosion of international deals this year aimed at developing "sovereign" AI infrastructure for US allies. The tech bosses will make the pledge during the state visit next week, according to people with knowledge of the plans. The UK government will supply energy for the project, OpenAI will provide access to its AI tools and technology and Nvidia the chips used to power AI models, according to the people. The full details of the investment project had not been finalised, the people added. Beyond its traditional Big Tech customers, Nvidia's AI chips have drawn increasing demand this year from national governments, with the company saying in August that "sovereign" deals are set to generate more than $20bn in revenue in 2025. National governments from Europe to Asia have proven receptive to Huang's argument that developing national AI infrastructure and retaining control over data, independent from US "hyperscalers" such as Microsoft and Amazon, is critical for them to guide the deployment of the technology and reap its promised economic benefits. In May, Huang and Altman accompanied Trump on his tour of the Gulf, where Saudi Arabia and the UAE both backed billions of dollars in public-private partnerships aimed at turning the Gulf into a regional AI computing hub. The EU, meanwhile, launched a €20bn fund earlier this year to mobilise €200bn of investment in AI "gigafactories". Huang met with UK Prime Minister Sir Keir Starmer in June, when Starmer pledged another £1bn in spending to expand Britain's AI computing power. At the time, Huang warned the UK lacked the digital infrastructure needed to give it an edge in the race to build its own local AI industry. Both CEOs have also built ties with Trump. Altman stood alongside him in the White House in January to announce a $500bn data centre investment project, dubbed Stargate. The project would give the US an edge in AI development, Trump said. OpenAI executives have spoken about the value of Stargate as a tool for cementing American leadership in AI. Stargate, whose other founding partners are SoftBank, Oracle and Abu Dhabi state fund MGX, has struck overseas deals in the United Arab Emirates and Norway. The Financial Times reported in April that OpenAI was exploring investing into UK data centres. Bloomberg first reported that OpenAI and Nvidia would announce the investment in the UK next week. Nvidia and OpenAI declined to comment. The White House did not immediately respond to a request for comment.

Nvidia and OpenAI to back major investment in UK AI infrastructure

Jensen Huang, co-founder and chief executive officer of Nvidia, at the London Tech Week exposition in London, UK, on Monday, June 9, 2025. Nvidia and OpenAI are in discussions about backing a major investment in Britain focused on boosting artificial intelligence infrastructure in the country. The two tech firms are discussing a sizable deal to support data center development in the country which could ultimately be worth billions of dollars, a person familiar with the matter told CNBC, confirming earlier reporting from the Financial Times. The companies are still working through various processes at the moment with Nvidia and cloud computing firm Nscale, said the person, who did not want to be named due to the sensitivity of the issue. They added that an investment agreement has not yet been finalized. It is expected to be unveiled next week during U.S. President Donald Trump's state visit to the U.K. Nvidia and Nscale did did not immediately respond to CNBC's request for comment. OpenAI declined to comment on the discussions.

OpenAI, Nvidia set to pledge multibillion-dollar UK investments

(Alliance News) - Tech titans OpenAI and Nvidia Corp are reportedly planning to unveil billions of dollars of investment into UK data centres when they accompany US President Donald Trump on his state visit next week. Sam Altman, the chief executive officer of ChatGPT maker OpenAI, and chipmaker Nvidia's CEO Jensen Huang are understood to be working with London-based data centre business Nscale Global Holdings Ltd on the project, as first reported by Bloomberg. The bosses are said to be part of a delegation of US executives set to visit Britain, with the tech spending pledge expected to be one of a raft of UK investment announcements by American firms during Trump's stay. It is thought the UK government would supply energy for the data centres project, with OpenAI offering access to its AI tools and Nvidia the chips used to power AI models. Prime Minister Keir Starmer unveiled an action plan in January to make the UK an AI "superpower" by expanding use of the technology. He announced plans for a series of AI "growth zones" around Britain to help speed up planning approvals for data centres and improve access to the energy grid. Starmer also said the UK would invest in building more data centres, having previously declared them "critical national infrastructure". The government has been hoping to attract AI investment with its action plan, but also spur on the adoption of the technology across Whitehall in a bid to improve productivity and cut costs. OpenAI, Nvidia and Nscale have been approached for comment. Nvidia shares were 0.1% higher in pre-market trading at USD177.41 each on Friday morning in New York. Copyright 2025 Alliance News Ltd. All Rights Reserved.