More than £6 billion of new investment and around 8,000 new jobs have been announced, as companies from around the world choose to build, hire and scale in Britain. The commitments reinforce the UK’s position as a global hub for Artificial Intelligence and cover chips, cloud infrastructure, autonomous vehicles and open-source development. Government backing during London Tech Week included support for skills, the first-ever Artificial Intelligence Adoption Summit, a landmark £1.1 billion Artificial Intelligence Hardware Plan, backing for open-source builders and a data centre design challenge.
AMD commits up to £2 billion of investment over five years to accelerate Artificial Intelligence innovation and research in the United Kingdom. Nebius, the Artificial Intelligence 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, while expanding its commercial and Artificial Intelligence R&D hub in London. Amazon opened 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.
British unicorn Ark has announced an investment of £807m in the expansion of its Longcross Park campus, supporting the deployment of Nebius and an additional data centre facility with 36MW of future capacity. Eros Innovation is investing £265m and establishing a sovereign British Cultural Artificial Intelligence capability, supporting 3,000+ jobs across 15 productions over five-years, with 2 films shooting in the UK in 2026, licensing its $1.7bn cultural dataset to its UK operation and launching an Artificial Intelligence Studio. Oxford Quantum Circuits secured a £260 million investment, described as the largest quantum funding round in the UK and backed by the British Business Bank.
Additional plans include Playground Global launching a new fund backed by up to £150 million from the British Business Bank, Arlequin Artificial Intelligence investing up to £45 million in the UK over the next 5 years, and Midlands Mindforge helping to unlock an initial £30m of capital into the region. Cursor plans to open its European headquarters in London, Fynd’s first UK office is projected to create 70 jobs across London, Manchester and the wider UK by 2028, and Multiverse plans to create 200 jobs in the next year across Edinburgh and London. Reflection plans to hire more than 100 highly skilled employees within the next 12 months, growing to over 1,000 roles within three years.
