With more than £6 billion of new investment and around 8,000 new jobs announced this week, businesses from around the world are choosing to build, hire and expand here, reinforcing the UK’s position as a global hub for AI.
From AMD’s £2 billion commitment to next generation AI computing, to Nebius investing £1.7 billion in new infrastructure, to homegrown companies like Oxford Quantum Circuit securing record funding, this shows the UK’s AI leadership is turning into real jobs, investment and opportunity across the country.
These deals span all areas of the AI economy, from chips and cloud infrastructure to self-driving cars and open source development, and show that the UK is not just keeping up with the global AI race, but helping to shape its direction.
Building on this momentum, government action continued throughout the week to strengthen the UK’s technology sector, supporting the skills, infrastructure and innovation needed to unlock growth. This includes new support for young people to seize AI opportunities, the first-ever AI Adoption Summit, a ground-breaking £1.1bn AI hardware plan, as well as new support for open source AI builders and data center design challenges. So Britain builds with flair.
The UK is seizing opportunities in technology and AI to create jobs, improve lives and grow businesses.
Companies from all over the world choose to invest and work here, bringing billions of pounds and thousands of new jobs.
And this Government is supporting them with a £1.1 billion hardware plan and investment in skills and training.
We are reimagining Britain for today and creating a future that works for everyone.
A series of major investments totaling over £6 billion and around 8,000 new jobs have been announced from world leaders and frontier companies who have chosen to grow here. This includes:
AMD is committing to invest up to £2bn over five years to accelerate AI innovation and research in the UK.
Nebius, the AI cloud company, has announced an investment of approximately £1.7 billion to build its UK capabilities with three new deployments of advanced NVIDIA computing as it continues to expand its commercial and AI R&D hub in London.
Amazon has opened a new fulfillment center in Northampton and announced plans to build a second major hub in Kettering as part of a planned £40bn investment in the UK, securing more than £1bn and up to 4,000 jobs in a single county.
British unicorn Ark has announced it will invest £807m in expanding its Longcross Park campus. This expansion supports the deployment of Nebius, a leading AI cloud provider. Nebius is also expanding its footprint in the UK and adding additional data center facilities with a future capacity of 36MW.
Eros Innovation has invested £265m to establish a sovereign UK cultural AI capability, supporting over 3,000 jobs over 5 years and across 15 productions (two films to be shot in the UK in 2026), licensing $1.7bn of cultural datasets to UK operations, and developing AI at scale that is trained on UK creative heritage and compliant with UK law. I’m starting a studio.
Quantum computing scale-up Oxford Quantum Circuit (OQC) secures £260m investment – the UK’s largest quantum funding round backed by British Business Bank.
Silicon Valley investor Playground Global is launching a new fund with up to £150m of support from the British Business Bank to invest in and help UK-based hardware companies scale up. This is the bank’s largest fund investment to date.
Arlequin AI will invest up to £45m in the UK over the next five years, funding local recruitment, UK research and development and sovereign deployment capabilities for government and critical national infrastructure customers.
Midlands Mindforge has now entered an active investment phase thanks to support from the Mayors of the East and West Midlands, UK Research and Innovation (UKRI), Rigby Group and the Department for Science, Innovation and Technology (DSIT) through the UK Universities Research and Development Midlands Investment Campaign. This will free up an initial £30m of capital to undertake the first round of investment in spin-out companies in the region.
Cosine has announced the formation of a coalition of leading UK institutions including BAE Systems, BT, Lloyds Banking Group, NatWest, PwC and Leonardo UK to co-design Lumen Sovereign, the UK’s first fully sovereign frontier AI model. Supported by the Government’s Sovereign AI Fund, Lumen Sovereign will be trained entirely on UK soil using Isambard-AI.
AI coding startup Cursor has announced plans to open its European headquarters in London.
Fynd, an AI-native unified commerce platform serving brands and retailers across India, the Middle East, Africa and Southeast Asia, has opened its first UK office in London. The investment is expected to create 70 jobs in London, Manchester and across the UK by 2028.
General Intuition — a frontier research lab specializing in fundamental models for spatial and temporal reasoning — has opened a UK office in King’s Cross, London. The institute will invest part of its recent $133 million seed round into expanding its London-based research team, leveraging the UK’s strong talent base.
Legora, the AI platform for legal professionals, is expanding its footprint in Europe with a dedicated engineering hub in London, in a major vote of confidence in the UK’s AI capabilities.
Multiverse has announced the opening of a new technology hub in Edinburgh, with plans to create 200 jobs next year across the new office and London headquarters.
German AI unicorn n8n is a strong supporter of the UK’s AI talent ecosystem and will expand its investment in the UK by delivering up to 200 highly skilled jobs over the next three years.
PhysicsX secured a $300 million Series C investment, bringing its valuation to approximately $2.4 billion. This funding will accelerate PhysicsX’s global expansion, platform development, and cutting-edge physics AI research.
Reflection, the US-based open source AI lab founded by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou, is expanding its footprint in the UK, with plans to hire more than 100 highly skilled employees in the next 12 months and expand to more than 1,000 roles within three years.
US tech company Replit will open an office in London this year.
