UK signs billion-dollar technology contracts during US Trump visit

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The agreement aims to strengthen US-UK collaboration between the trillion dollar technology sectors and enhance business and consumer opportunities.

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Sept. 13 (Reuters) – The UK and the US are preparing to sign a groundbreaking technical agreement in the coming days as part of President Donald Trump’s visit to the UK, the British Embassy in Washington said on Saturday.

The agreement aims to strengthen collaboration between the trillion dollar technology sectors of the two countries and enhance opportunities for businesses and consumers on both sides of the Atlantic.

Although final details were still negotiated, the embassy said the partnership would focus on key technologies such as artificial intelligence, semiconductors, communications and quantum computing.

“Top-edge technologies such as AI and quantum computing will change our lives,” said Liz Kendall, UK Technology Secretary, who was appointed to her role on September 5th, in a statement.

Trump is scheduled to fly to the UK for his second state visit on Tuesday. This is expected to last for three days. He will be accompanied by a delegation of US executives, including Nvidia Corp CEO Jensen Huang and Openai’s Sam Altman.

BlackRock is planning to invest $700 million in UK data centres as part of a series of deals announced during Trump’s state visit next week, Sky News reported on Saturday.

Since the beginning of the year, both countries have been publishing AI action plans. While US companies such as Anthropic and Openai are increasingly establishing international offices in London, UK-based companies such as Deepmind continue to invest in transatlantic cooperation.

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