NVIDIA announced a £2 billion investment in the United Kingdom to catalyze the nation’s AI startup ecosystem and accelerate the growth of the next generation of globally transformative AI businesses. The investment will foster economic growth, support innovative AI technologies, create new companies and jobs, and position the U.K. as a global leader in AI.
Scaling AI companies in the U.K. has faced challenges, including limited access to supercomputing, constrained venture capital outside London, rising energy costs, and restricted access to leading academic institutions. To address these challenges, NVIDIA, in collaboration with Accel, Air Street Capital, Balderton Capital, Hoxton Ventures, and Phoenix Court, will provide capital and advanced AI infrastructure to support startups across major hubs, including London, Oxford, Cambridge, and Manchester.
“This is the age of AI the big bang of a new industrial revolution,” said Jensen Huang, founder and CEO of NVIDIA. “The United Kingdom is in a Goldilocks moment, where world-class universities, bold startups, leading researchers and cutting-edge supercomputing converge. There has never been a better time to invest in the U.K. AI is unlocking new science and sparking entirely new industries. With new capital and advanced infrastructure, we are doubling down to empower the U.K. to lead the next wave of AI innovation.”
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The investment expands access to capital in key U.K. economic centers and AI growth zones, ensuring researchers and developers nationwide have the resources to launch and scale AI startups. The initiative aligns with NVIDIA’s strategy to partner with U.K.-based funds and founders, leveraging London’s world-renowned AI labs and the government’s newly announced AI growth zone.
“NVIDIA’s investment is a major vote of confidence in the U.K. both today and long into the future,” said U.K. Prime Minister Sir Keir Starmer. “By backing our startups, empowering our researchers and connecting capital with talent, this partnership will create jobs, spark new industries and ensure the U.K. remains at the forefront of global AI leadership.”
Additional partners expressed optimism about the initiative:
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“World-class compute and fresh capital will empower the next wave of entrepreneurs and AI startups, create new jobs and further enable the U.K. to compete in the AI race,” said Sonali De Rycker, partner at Accel.
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“The U.K. has world-class talent and research, but the infrastructure has not kept pace. This commitment aims to bridge that gap by providing U.K. founders with the resources needed to build globally significant AI companies,” said Nathan Benaich, general partner at Air Street Capital.
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“Investment from firms like Balderton and companies like NVIDIA will help smooth the path, so more global winners can be built and thrive here in the U.K.,” said James Wise, partner at Balderton Capital.
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“We’re thrilled to partner with NVIDIA to commit resources to help Britain’s brightest founders commercialize their innovations and build the next generation of transformational AI companies,” said Hussein Kanji, founder and partner at Hoxton Ventures.
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“This collaboration with NVIDIA puts capital and computing power in their hands to scale globally,” said Saul Klein, founder and executive chair of Phoenix Court.
NVIDIA continues its commitment to enabling AI innovation globally, following its recent pledge to manufacture up to a half-trillion dollars’ worth of AI supercomputers in the United States, further strengthening transatlantic collaboration and supporting the next generation of British innovators.