LONDON, June 12 -- The government of the United Kingdom issued the following news:
More than £6 billion of new investment andaround 8,000 new jobshave beenannouncedthis week, as companies from around the world choose to build, hire and scale here- reinforcing Britain's position as a global hub forAI.
From AMD's £2 billion commitment for next generationAI compute, to Nebius investing £1.7 billion in new infrastructure, to homegrown companies like Oxford Quantum Circuits securing record funding - this is Britain's AIleadershipturning into real jobs,investmentandopportunities across the country.
Thesedealsspan the full breadth of the AI economy- from chips and cloud infrastructure to autonomousvehiclesand open-source development-showing theUKisn'tjust keeping pace in the global AI racebut helping to shape its direction.
Themomentum has been matched bygovernment action throughout the weekto strengthen the UK's tech sector-backing the skills,infrastructure and innovation needed to unlock growth.That includesnew supportfor young people to seize the opportunities of AI, the first-everAI Adoption Summit,alandmark £1.1 billionAI Hardware Plan, plusnew backing for open-source AI builders, and a data centre design challenge- so Britain builds with taste.
Technology Secretary Liz Kendall said:
Britain is seizing the opportunities of tech and AI to create jobs, improve lives and grow businesses.
Companies from across the globe are choosing to invest here and hire here, bringingbillionsof pounds and thousands ofnewjobswith them.
And this Government is backing them with our £1.1billion hardware plan and our investment in skills and training.
We are rebuilding Britain for the modern age and creating a future that works for all.
A range of major investmentshavebeenannounced,totallingover £6 billion of investment andaround 8,000 new jobs - from global leaders and frontier companies choosing to grow here.Thisincludes:
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AMDcommits up to £2 billion of investment over five years to Accelerate AI Innovation and Research in the United Kingdom.
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Nebius, the AI cloud company, announced it is investing approximately £1.7 billion to build out capacity in the UK with three new deployments of advanced NVIDIA compute, as the company continues to expand its commercial and AI R&D hub in London.
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Amazonopened a new fulfilment centre in Northampton and announced plans for a second major site in Kettering, committing more than £1 billion and up to 4,000 jobs in a single county as part of its planned £40 billion UK investment.
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British unicornArkhas announced an investment of £807m in the expansion of itsLongcrossPark campus. The expansion supports the deployment of leading AI cloud providerNebius, which is also increasing its footprint in the UK as well as anadditionaldata centre facility with 36MW of future capacity.
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Eros Innovationis investing £265m and establishing a sovereign British Cultural AI capability, supporting 3,000+ jobs across 15 productions over five-years (2 films shooting in the UK in 2026), licensing its $1.7bn cultural dataset to its UK operation and launching an AI Studio to develop Large Cultural Models trained on British creative heritage and governed by British law.
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Quantum computing scale-upOxford Quantum Circuits (OQC)securing a £260millioninvestment - the largest quantum funding round in the UK, backed bytheBritish Business Bank.
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Silicon Valley investorsPlayground Globalare launching a new fund backed by up to £150millionfrom the British Business Bank - the largest fund investment the bank has ever made - to invest in UK-based hardware companies and help them scale.
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Arlequin AIinvesting up to£45 millionin the UK over the next 5 years with capital deployed across local hiring, UK R&D, and sovereign deployment capability for government and critical national infrastructure clients.
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MidlandsMindforgehas now entered its active investing stage, thanks to the support of the Mayors of the East and West Midlands, UK Research and Innovation (UKRI), the Rigby Group and the Department for Science, Innovation and Technology (DSIT) via the Invest in UK University R&D Midlands Campaign. This will help to unlockaninitial£30m of capital into the region making its first round of investments into spinout companies.
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Cosineannounced the formation of a coalition of major UK institutions including, BAE Systems, BT, Lloyds Banking Group, NatWest,PwCand Leonardo UK, to co-design Lumen Sovereign, Britain's first fully sovereign frontier AI model. Backed by the Government's Sovereign AI Fund, Lumen Sovereign will be trained entirely on UK soil using Isambard-AI.
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AI coding startupCursorannounced plans to open its European headquarters in London.
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Fynd,the AI-native unified commerce platform serving brands and retailers across India, the Middle East, Africa and Southeast Asia, has opened its first UK office in London. This investment is projected to create 70 jobs across London,Manchesterand the wider UK by 2028.
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General Intuition- the frontier research lab dedicated to foundation models for spatial and temporal reasoning - has opened a UK office in London King's Cross. The lab will invest some of its recent $133M seed round into expanding its London-based research team, drawing on the UK's strong talent base.
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Legora, the AI platform for legal professionals, is expanding its European footprint with a dedicated engineering hub in London in a major vote of confidence in the UK's AI capabilities.
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Multiverseannounced the opening ofa new technologyhub in Edinburgh and plans to create 200 jobs in the next year across the new office and its London headquarters.
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German AI unicornn8nwill expand its investment into the UK by delivering up to 200 high-skilled jobs over the next three years, a strong endorsement of the UK's AI talent ecosystem.
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PhysicsXsecureda $300 millionSeries Cinvestment, taking its valuation toapproximately$2.4 billion.The funding will acceleratePhysicsX'sglobal expansion, platform development, and frontier physics AI research.
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Reflection, the US-based open-source AI lab founded by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou, is expanding its UK footprint with plans to hire more than 100 highly skilled employees within the next 12 months, growing to over 1,000 roles within three years.
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US tech companyReplitwill beopening upan office in London this year.
Disclaimer: Curated by HT Syndication.
