UK and US Set to Sign Landmark Tech Deal During Trump's Visit

UK, US to Sign Multibillion-Dollar Tech Deal During Trump's Visit

(Reuters) -The United Kingdom and the U.S. are preparing to sign a landmark technology agreement in the coming days as part of President Donald Trump's visit to the UK, the British Embassy in Washington said on Saturday. This agreement aims to bolster collaboration between the two nations' trillion-dollar tech sectors, enhancing opportunities for businesses and consumers on both sides of the Atlantic. While the final details were still being negotiated, the embassy said the partnership will focus on key technologies, including artificial intelligence, semiconductors, telecommunications, and quantum computing. "Cutting-edge technology such as AI and quantum computing will transform our lives," UK Technology Secretary Liz Kendall, who was appointed to her role on September 5, said in a statement. Trump is set to fly to the UK on Tuesday for a second state visit, which is expected to last three days. He is due to be accompanied by a delegation of U.S. executives including Nvidia Corp CEO Jensen Huang and OpenAI's Sam Altman. BlackRock plans to invest $700 million in British data centers as part of a string of deals to be announced during Trump's state visit next week, Sky News reported on Saturday. Since the start of the year, both countries have published AI Action Plans. U.S. firms such as Anthropic and OpenAI are increasingly establishing international offices in London, while UK-based companies like DeepMind continue to invest in trans-Atlantic collaborations. (Reporting By Jarrett Renshaw, additional reporting by Steve Holland; editing by Scott Malone)

Trump To Seal US-UK Tech Pact On AI, Chips And Quantum Computing During London Visit: Report - NVIDIA (NASDAQ:NVDA)

The United Kingdom and the United States are set to sign a major technology agreement during President Trump's visit to the UK. This new partnership will emphasize collaboration on areas such as artificial intelligence, semiconductors, telecommunications, and quantum computing, aiming to strengthen ties between the two countries' massive tech industries, according to a Reuters report. See Also: US Farmers Head To China As Trade Strains Weigh: Report Major Tech Executives Join Delegation President Trump will be joined by Nvidia Corp. NVDA CEO Jensen Huang and OpenAI's Sam Altman on his upcoming UK visit, highlighting the key role of major tech leaders in the growing U.S.-UK tech collaboration. Nvidia, however, faces challenges from proposed U.S. legislation that could limit its global competitiveness. Check out the current price of NVDA stock here. Liz Kendall, the UK's Technology Secretary, stated, "Cutting-edge technology such as AI and quantum computing will transform our lives." BlackRock Plans $700 Million Investment According to reports, alongside the tech collaboration, U.S. investment firms are also deepening their involvement in the UK market. For example, BlackRock Inc. BLK plans to invest $700 million in British data centers, signaling continued transatlantic economic ties. Notably, BlackRock's Chief Investment Officer of Fixed Income, Rick Rieder, is among the candidates being considered for the role of Federal Reserve Chair. U.S. companies such as Anthropic and OpenAI are opening offices in London, while UK-based firms like DeepMind are continuing to invest in partnerships across the Atlantic. AI Action Plans Drive Cooperation Both countries have published AI Action Plans this year. This agreement seeks to strengthen collaboration between the two countries' tech industries, creating more opportunities for businesses and consumers. Read Next: US Semiconductor Sector Faces Anti-Dumping Investigation By China Ahead Of Trade Discussions Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Shutterstock NVDANVIDIA Corp$177.530.20%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum86.45Growth97.85Quality93.53Value4.36Price TrendShortMediumLongOverviewBLKBlackRock Inc$1123.41-0.95%Market News and Data brought to you by Benzinga APIs

UK, US to sign multibillion-dollar tech deal during Trump's visit

(Reuters) -The United Kingdom and the U.S. are preparing to sign a landmark technology agreement in the coming days as part of President Donald Trump's visit to the UK, the British Embassy in Washington said on Saturday. This agreement aims to bolster collaboration between the two nations' trillion-dollar tech sectors, enhancing opportunities for businesses and consumers on both sides of the Atlantic. While the final details were still being negotiated, the embassy said the partnership will focus on key technologies, including artificial intelligence, semiconductors, telecommunications, and quantum computing. "Cutting-edge technology such as AI and quantum computing will transform our lives," UK Technology Secretary Liz Kendall, who was appointed to her role on September 5, said in a statement. Trump is set to fly to the UK on Tuesday for a second state visit, which is expected to last three days. He is due to be accompanied by a delegation of U.S. executives including Nvidia Corp CEO Jensen Huang and OpenAI's Sam Altman. BlackRock plans to invest $700 million in British data centers as part of a string of deals to be announced during Trump's state visit next week, Sky News reported on Saturday. Since the start of the year, both countries have published AI Action Plans. U.S. firms such as Anthropic and OpenAI are increasingly establishing international offices in London, while UK-based companies like DeepMind continue to invest in trans-Atlantic collaborations. (Reporting By Jarrett Renshaw, additional reporting by Steve Holland; editing by Scott Malone)