UK is going to be ‘AI superpower’, says Nvidia boss as he invests £500m

Jensen Huang says UK is ‘too humble’ as he announces equity stake in British cloud computing firm NScale

Jensen Huang, the co-founder and chief executive of the US AI chipmaker Nvidia, has predicted “the UK is going to be an AI superpower” as he announced a new £500m investment in a British firm.

Huang, who is due to join Donald Trump at Wednesday night’s state banquet with the king, said he was taking an equity stake in NScale, a UK cloud computing company, and predicted it would earn revenues of up to £50bn over the next six years.

“We’re here to announce that the UK is going to be an AI superpower,” he told a press conference in London.

Huang cited as evidence of Britain’s potential its universities and several companies founded in the UK, ranging from the AI giant DeepMind to the driverless car startup Wayve. “You just don’t appreciate it. Your universities. Come on. You’re too humble,” he said.