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Nvidia CEO says the UK is in a 'Goldilocks' moment: 'I'm going to invest here'

Nvidia CEO says the UK is in a 'Goldilocks' moment: 'I'm going to invest here'

CNBCa day ago

LONDON — Nvidia CEO Jensen Huang poured praise on the U.K. on Monday, promising to boost investment in the country's artificial intelligence sector with his multitrillion-dollar semiconductor company.
"The U.K. is in a Goldilocks circumstance," Huang said, speaking on a panel with British Prime Minister Keir Starmer and Investment Minister Poppy Gustafsson.
"The U.K. is in a Goldilocks circumstance," Huang said, speaking on a panel with British Prime Minister Keir Starmer and Investment Minister Poppy Gustafsson. "You can't do machine learning without a machine — and so the ability to build these AI supercomputers here in the U.K. will naturally attract more startups."
The Nvidia boss went on to say, "I think it's just such an incredible, incredible place to invest. I'm going to invest here."
Huang also stressed that Britain "has one of the richest AI communities anywhere on the planet," along with "amazing startups" such as DeepMind, Wayve, and Synthesia, ElevenLabs.
"The ecosystem is really perfect for take-off — it's just missing one thing," he said, referring to a lack of homegrown, sovereign U.K. AI infrastructure.
Earlier on Monday, Nvidia announced a new U.K. sovereign AI industry forum, as well as commitments from cloud vendors Nscale and Nebius to deploy new facilities in the country with thousands of the semiconductor giant's Blackwell GPU chips.
The U.K. has been touting its potential as a global AI player in recent months, amid Keir Starmer's efforts to lead his Labour government with a growth-focused agenda.
In January, Starmer unveiled a bold plan to boost the domestic U.K. AI sector, promising to relax planning rules around new data center developments and increase British computing power by twenty-fold by 2030.

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Multiple journalists injured by police nonlethal rounds while covering LA protests
Multiple journalists injured by police nonlethal rounds while covering LA protests

USA Today

time32 minutes ago

  • USA Today

Multiple journalists injured by police nonlethal rounds while covering LA protests

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Contributing: Thao Nguyen, John Bacon, Greta Cross and Taijuan Moorman, USA TODAY

Jillian Sackler, philanthropist who defended husband's legacy, dies at 84
Jillian Sackler, philanthropist who defended husband's legacy, dies at 84

Boston Globe

time37 minutes ago

  • Boston Globe

Jillian Sackler, philanthropist who defended husband's legacy, dies at 84

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Donald Trump is front and center for Army's big DC birthday parade
Donald Trump is front and center for Army's big DC birthday parade

USA Today

time37 minutes ago

  • USA Today

Donald Trump is front and center for Army's big DC birthday parade

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It also provided the opportunity for him to solidify control of the Republican Party and for supporters to create ambitious blueprints like Project 2025 to tap when he landed a second term. It even opened the door for the parade he had set his heart on when he watched French tanks roll down the Champs-Élysées in Paris on Bastille Day in 2017. "One of the greatest parades I've ever seen," he marveled, telling French President Emmanuel Macron he wanted to "top" it. During Trump's first term, though, the Pentagon resisted. Defense Secretary Jim Mattis, a retired Marine Corps four-star general, objected to the idea as a politicization of the military. In 2020, when Trump pushed again despite concerns about the coronavirus pandemic, Mattis' successor, Mark Esper, arranged instead for an array of warplanes to fly down the East Coast in an "air parade." Now, Pete Hegseth, a Trump loyalist and former Fox News host, is leading the Defense Department. The Army's plans for a low-key birthday celebration of festivals, fun runs and a commemorative stamp have now been dramatically expanded to include what the White House might call a big, beautiful parade. The sight of more than 100 combat vehicles on the ground and dozens of vintage and modern warplanes in the air should be staggering. The troops plus 34 horses, two mules, a dog named Doc Holliday and some of the vehicles will start at the Pentagon in Virginia, cross Arlington Memorial Bridge, then head to the parade route along the National Mall, joined there by the tanks. Trump will be watching from a reviewing stand just south of the White House that is now being constructed for the occasion. Paratroopers from the Army's Golden Knights are set to parachute in, land on the Eclipse and present Trump with an American flag. The president will then preside over the enlistment and reenlistment of 250 soldiers. There will be fireworks. Is it inspiring or alarming? The United States has staged military parades before, of course. At the end of the Civil War, the bloodiest conflict in American history, the Grand Review of the Armies lasted two days and featured 145,000 soldiers from the victorious Union forces marching through Washington and sometimes breaking into song. President Andrew Johnson, who had been sworn in after Abraham Lincoln's assassination a month earlier, presided. During the Cold War, President Dwight D. Eisenhower, a retired five-star general and hero of World War II, had troops, tanks and warplanes in his inaugural parade. His successor, John F. Kennedy, included troops in his inaugural parade in 1961. The last major military parade in the capital was in 1991 to mark the end of the first Gulf War, when George H.W. Bush was president. But there is not much precedent in the United States for such a massive military parade in peacetime. Like many things involving Trump, reactions clash between those who predict a stirring moment of patriotism and those who see it as an alarming echo of authoritarianism. The ritualized display of armaments and troops is more routine in places like Russia, China and North Korea, where strongmen show their force to their own citizens and the world. In the USA, liberal and pro-democracy groups have declared a "No Kings" day of protests on June 14, with anti-Trump demonstrations planned in more than 1,500 communities across the country. Trump has never been shy about demanding attention and claiming credit for his presidential record, putting himself in the top rank of the 45 men who have held the job. In his State of the Union address in March, he said that "many" believed he had just recorded the most successful first month of any presidency − with George Washington in second place. Last month, on the facade of the Agriculture Department that faces the Mall, a huge banner of Trump's face was draped between the columns alongside one of Lincoln. By the way, that's the building where thousands of the troops who will be marching in the parade will bivouac, sleeping on cots and bringing their own sleeping bags. Agriculture employees have been directed to work from home for the first three weeks of the month to clear the way for them. $45 million? 'Peanuts,' Trump says The parade's price tag? The Army has estimated the cost at $30 million to $45 million, in addition to the promise to help the D.C. government deal with the aftermath. Huge steel plates are being embedded at some intersections to protect the asphalt, but at 140,000 pounds each, the Abrams battle tanks are expected to, well, leave an impression. That could add as much as an estimated $16 million. "Peanuts," Trump said of the cost on NBC's "Meet the Press" last month, "compared to the value of doing it."

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