Alphabet, Google’s controlling company, has announced that it will invest £ 5 billion in the UK over the next two years, which is the latest large technology company commitment that seeks to expand artificial intelligence infrastructure and other services in Europe.
Alphabet said that investments in AI, research and development and related engineering would help create more than 8,000 jobs per year in companies across the UK.
“With the announcement on Tuesday, Google is deepening our roots in the UK and helping to support Britain’s potential with AI to add 400 billion pounds to the economy by 2030, as well as improving critical social services,” Ruth Poat, president and investment director of Alphabet and Google, said in a statement.
Free class
Investment Course
Learn strategies to win your first million
Google’s investment occurs while King Charles III prepares to receive US President Donald Trump for a state visit on Tuesday. Source: Dow Jones Newswires.
