Google owner reveals an investment in £ 5 billion in the UK before Trump’s visit

The fourth largest company in the world, the owner of Google Alphabet, has announced an investment of £ 5 billion ($ 6.8 billion) in the UK artificial intelligence (AI).

The money will be used for infrastructure and research over the next two years – the first of several massive investments in the United States discovered to the state visit by US President Donald Trump.

Google President and Chief Investment Officer Ruth Porat told the BBC News in an exclusive interview that there are “deep opportunities” in the UK for his “pioneering work in advanced science”.

The company will officially open a data center of $ 1 billion (£ 735 million) in Walm Cross, Hertfordshire, with Chancellor Rachel Reeves on Tuesday.

The investment will expand this site and will also include funding for London -based Deepmind, managed by the British Nobel Prize winner Sir Demis Hassabis, which unfolds AI for revolution in advanced research.

Ms. Porat said that “now has special technological relations of the United States and the United Kingdom … There are risks that we need to work together to work together to mitigate, but there is also a huge opportunity in economic growth, in social services, improvement of science.”

She pointed to the AI ​​government plan for AI’s capabilities as assisting the investment, but said that “still needs to be done for landing,” and that capturing the top of the AI ​​boom “is not a forerunner.”

Reeves said the investment was “a powerful vote of trust in the UK economy” and showed “the power of our partnership with the United States.”

The US administration is pressured by the United Kingdom to reduce its tax on digital services on companies, including Google, in negotiations this year, but is not expected to participate in this week’s messages.

Further investments in the United Kingdom are expected by US giants over the next 24 hours.

The pound has intensified, analysts say, partly to the expectations for changes in interest rates and a stream of US investment.

On Monday, Google Alphabet owner became the fourth company, which costs more than $ 3 trillion in terms of the total stock market value, joining other NVIDIA, Microsoft and Apple technology giants.

The cost of Google’s shares has increased in the last month after US courts have decided not to order the collapse of the company.

Google Sundar Pichai CEO has been able to turn the company into Ai First Business, with D -Ja Porat saying: “This is this presentation that has led to this indicator.”

Google has been seen to start up with startup companies like Openai this summer, although it has introduced much of the key research behind large language models.

There is some concern around the world about the use of energy and environmental impact of data centers.

Ms. Porat said the facility would be cooled with air, not with water cooling, and the heat “captured and redistributed to heat schools and homes”.

Google has also signed a Shell deal to deliver “95% energy without carbon” for its investment in the UK.

In the US, the Trump administration suggests that the needs of AI energy centers require a return to the use of carbon energy sources.

Porat said that Google remains committed to building renewable energy, but “obviously the wind does not blow out and the sun does not shine every hour of the day.”

Energy efficiency was embedded in “all aspects of AI” microchips, models and data centers, but it was important to “modernize the network” in order to balance the periods of excess capacity, she said.

Asked about the concerns of the AI ​​crisis, Mrs. Porat also said her company spent a lot of time focused on the AI ​​Jobs Challenge.

“It would be naive to assume that there is no disadvantage. If companies just use AI to find efficiency, we will not see the top of the UK economy or any economy.”

But, she said, she is creating entire new industries, opening new doors and jobs as a nurse and radiology, adding: “AI collaborates with people instead of replacing them.

“Each of us has to start using AI to find out how you can help with what you do, unlike in fact that you are actually afraid of this and watching the sidelines,” she said.