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Nvidia to invest £2bn into UK’s AI start-up ecosystem
['Suhasini Srinivasaragavan', 'Suhasini Srinivasaragavan Is A Sci-Tech Reporter For Silicon Republic']
Technology – Silicon Republic
Calling this the ‘age of AI’, Nvidia’s CEO said he plans to invest in companies including Revolut and Wayve.
Nvidia is investing £2bn to boost the UK’s artificial intelligence (AI) start-up ecosystem.
The funding comes in collaboration with venture capitals Accel, Air Street Capital, Balderton Capital, Hoxton Ventures and Phoenix Court.
The £2bn figure includes the £500m investment that Nvidia announced into AI data centre start-up Nscale earlier this week, a spokesperson told Bloomberg.
“There has never been a better time to invest in the UK – AI is unlocking new science and sparking entirely new industries.”Earlier this week, companies including Nvidia, Microsoft and OpenAI announced a combined investment of more than $40bn towards UK’s AI capabilities.
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