Microsoft's $3.2 billion UK investment to drive AI growth


FILE PHOTO: Britain's Prime Minister Rishi Sunak and Microsoft President Brad Smith attend the AI Safety Summit in Bletchley Park, near Milton Keynes, Britain, November 2, 2023. REUTERS/Toby Melville/Pool/File Photo

LONDON (Reuters) - Microsoft's plan to pump 2.5 billion pounds ($3.2 billion) into Britain over the next three years, its single largest investment in the country to date, will underpin future growth in artificial intelligence (AI), the UK government said.

Britain, where the economy is forecast to be sluggish in the coming years, is pushing for private investment to help fund new infrastructure, particularly in growth industries like AI.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Merriam-Webster’s 2025 word of the year is 'slop'
US communities push back against encroaching e-commerce warehouses
Will OpenAI be the next tech giant or next Netscape?
No wolf plush toy by Christmas, French supermarket says
Intel appoints Trump economic adviser as head of government affairs
How much does an army of bots cost? How likes and clout are bought
US suspends technology deal with Britain, FT reports
British regulator kicks off consultation on new crypto rules
'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports

Others Also Read