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Stockreport

Google owner reveals £5bn AI investment in UK ahead of Trump visit [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The money will be used for infrastructure and scientific research over the next two years - the first of several massive US investments being unveiled ahead of US President Donald Trump's state visit. Google's President and Chief Investment Officer Ruth Porat told BBC News in an exclusive interview there were "profound opportunities in the UK" for its "pioneering work in advanced science". The company will officially open a vast $1bn (£735m) data centre in Waltham Cross, Hertfordshire, with Chancellor Rachel Reeves on Tuesday. The investment will expand this site and also include funding for London-based DeepMind, run by British Nobel Prize winner Sir Demis Hassabis, which deploys AI to revolutionise advanced scientific research. Ms Porat said there was "now a US-UK special technology relationship... there's downside risks that we need to work on together to mitigate, but there's also tremendous opportunity in economic growth, in social services, advancing science". She poi [Read more]
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Stockreport

Google owner reveals £5bn AI investment in UK ahead of Trump visit [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The money will be used for infrastructure and scientific research over the next two years - the first of several massive US investments being unveiled ahead of US President Donald Trump's state visit. Google's President and Chief Investment Officer Ruth Porat told BBC News in an exclusive interview there were "profound opportunities in the UK" for its "pioneering work in advanced science". The company will officially open a vast $1bn (£735m) data centre in Waltham Cross, Hertfordshire, with Chancellor Rachel Reeves on Tuesday. The investment will expand this site and also include funding for London-based DeepMind, run by British Nobel Prize winner Sir Demis Hassabis, which deploys AI to revolutionise advanced scientific research. Ms Porat said there was "now a US-UK special technology relationship... there's downside risks that we need to work on together to mitigate, but there's also tremendous opportunity in economic growth, in social services, advancing science". She poi [Read more]
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