Microsoft is set to inject £2.5 billion (approximately $3.2 billion) into the UK over the next three years, marking its most substantial investment in the country to date. The UK government welcomes this financial infusion, emphasizing its pivotal role in driving future advancements in artificial intelligence (AI).
Amid forecasts of a sluggish economy in the coming years, the UK is actively seeking private investments to support new infrastructure development, particularly in growth sectors like AI.The investment, initially revealed during a summit hosted by Prime Minister Rishi Sunak on Monday, will significantly expand Microsoft's data center presence in Britain, providing the essential infrastructure for the operation of cutting-edge AI models.
In a statement released on Thursday, Sunak declared, "Today's announcement is a turning point for the future of AI infrastructure and development in the UK."Despite previous concerns raised by Microsoft President Brad Smith in April, where he expressed reservations about the UK's antitrust regulator decisions, this latest investment showcases a renewed confidence in the country. The UK regulator's approval of a restructured version of Microsoft's $69 billion acquisition of Activision Blizzard played a pivotal role in restoring the tech giant's faith in Britain.
"Microsoft is committed as a company to ensuring that the UK, as a country, has world-leading AI infrastructure," stated Smith as he hosted Finance Minister Jeremy Hunt at a data center under construction in north London.
As part of the investment, Microsoft will bring more than 20,000 advanced Graphics Processing Units to Britain, a technology crucial for machine learning and AI development, according to the government statement. Additionally, the plan includes a training initiative aimed at equipping Britons with the necessary skills to engage in building and working with AI.Microsoft's bold move underscores its dedication to fortifying the UK's position as a global leader in AI infrastructure and development.