Nvidia CEO says the UK is in a 'Goldilocks' moment: 'I'm going to invest here'
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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
18 minutes ago
- Yahoo
Uber (UBER) to Test Fully Driverless Rides in the UK With Wayve
Uber (UBER, Financials) is getting ready to take the driver out of the driver's seatliterally. Warning! GuruFocus has detected 6 Warning Sign with UBER. The ride-hailing giant said Tuesday it will launch its first driverless pilot in the UK through a partnership with Wayve, a London-based startup building AI software for self-driving cars. The trials, expected to begin in London, will use Wayve's AI Driver to power cars that operate without human intervention. Uber said the UK's new accelerated framework for self-driving pilots made the move possible. This is a defining moment, said Wayve CEO Alex Kendall. We're putting AI Driver into real service. Uber COO Andrew MacDonald said the pilot pushes the company closer to making autonomy a reliable option for riders everywhere. The companies are coordinating with the UK's Department for Transport and Transport for London to secure the green light. The UK's Autonomous Vehicles Act, passed last year, aims to get self-driving cars on the road by 2026. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18 minutes ago
- Yahoo
Don't Let the Cult of Price Hold Crypto Back
Cryptocurrency is too often viewed through the narrow lens of price. The dominant narrative surrounding Bitcoin, Ethereum, and the broader crypto market has become fixated on one idea: numbers go up. Did Bitcoin break $100,000? Did Ethereum double in a month? Is this altcoin going to the moon? Financial media, X pundits, and even crypto advocates routinely reduce an entire technological revolution to a speculative race to ever-higher prices. But this is like evaluating Apple or Nvidia solely by their stock movements while ignoring the iPhone or the GPUs powering AI infrastructure. It's a superficial way of thinking — and in crypto, it's also dangerous. In traditional markets, value is ultimately grounded in usage. The more products a company sells, the more revenue it generates. The more users it retains, the stronger its network effect. Apple isn't a $3 trillion company just because its stock price went up; it's because over a billion people use its ecosystem daily. Nvidia didn't become a Wall Street darling by sheer momentum; it built the most essential chips of the AI age. Stock price follows product-market fit. In crypto, this principle is often inverted — price comes first, and everything else becomes secondary or is this philosophy more deeply ingrained than in what might be called Saylorism — the ideology promoted by MicroStrategy's Michael Saylor, the loudest evangelist for Bitcoin-as-collateral. Under this worldview, the core utility of Bitcoin isn't transacting, building, or innovating — it's simply holding. You buy Bitcoin, never sell, borrow against it, repeat. The usage is the hoarding. Bitcoin is not a currency or platform under Saylorism — it's a speculative vault for value, designed to appreciate forever and justify more borrowing. In essence, every company becomes a leveraged Bitcoin fund, building its capital structure around a single bet: that the number always goes up. This is a radical departure from the logic that underpins healthy businesses. Traditional firms grow by creating value for others, through products, services, and infrastructure. Under Saylorism, value is internalized, circular, and ultimately recursive: you buy more Bitcoin because it's going up, which makes it go up, which justifies buying more. It resembles a corporate Ponzi mindset, not in legal terms, but in structural dynamics, where external adoption matters less than internal leverage. The market doesn't need new users, it just needs existing holders to keep believing. Compare that to Ethereum, the second-largest cryptocurrency by market cap, which has taken a different path. While Ethereum is also subject to the gravitational pull of price speculation, and no one would argue that 'number goes up' doesn't matter; its value proposition is fundamentally rooted in usage. ETH is not just a store of value; it is the fuel of an economy. It powers decentralized applications, settles billions in stablecoin transactions, tokenizes real-world assets, mints NFTs, facilitates decentralized finance, and supports governance. ETH has demand because the network has demand. The more people use Ethereum, the more ETH is needed. And the more ETH is burned through transaction fees, the more supply becomes constrained. Price here reflects activity, not just belief. This distinction is profound. Ethereum's growth is tied to its functionality, to what it enables for users and developers. It resembles a traditional business more than a vault. It's like Amazon in the early 2000s: difficult to value by conventional metrics but serving a growing ecosystem. The difference between these two models–Bitcoin as gold and Ethereum as infrastructure–has sparked endless debate over whether they're even in competition. Some argue they're entirely different species: Bitcoin is a monetary metal; Ethereum is a decentralized world computer, perhaps likened to digital oil. It's fair to ask: what's ultimately more valuable, the gold you keep or the dollar you spend? Bitcoin's value depends on people holding it. Ethereum's value depends on people using it. Both are succeeding, but the paths are not the same. If cryptocurrency is to evolve beyond its speculative adolescence, it must shift away from price obsession and toward utility obsession. This means asking harder questions: What is this protocol used for? Who depends on it? What problem does it solve? Valuation must come from participation, not just price action. A blockchain that delivers real-world utility for finance, identity, coordination, or computation deserves appreciation. But it must earn it through adoption, not ideology. What if, instead of competing, Bitcoin and Ethereum found common ground and worked together? That's where the opportunity emerges: Ethereum serves as the most robust gateway for Bitcoin holders looking to access the broader world of decentralized finance. No network rivals Ethereum in terms of DeFi's depth and maturity. By converting BTC into Ethereum-compatible assets, holders can engage in a dynamic ecosystem of lending, staking, and yield generation, turning dormant Bitcoin into active, value-producing capital. Platforms like Aave, Lido, Ethena, and Maker enable BTC to participate in ways that static holding simply can't. The outcome? Mutual benefit: Ethereum attracts more liquidity, while Bitcoin gains much-needed utility. It's a powerful synergy that amplifies the strengths of both networks. Cryptocurrency is not just a dumb financial asset It's programmable money, digital property, frictionless transactions, decentralized coordination, and trustless finance. It's a reimagining of the internet's economic layer. But its long-term success depends on moving past the dopamine of daily price charts. Because in the end, the most valuable technologies aren't the ones with the flashiest tickers; they're the ones that get used. And usage, not hoarding, is what builds lasting in to access your portfolio
Yahoo
18 minutes ago
- Yahoo
BP Takeover Appears Unlikely Due to Size and Complexity
BP plc's BP potential takeover appears highly unlikely at present, according to senior bankers at Moelis & Co., who cite the British oil major's vast size and operational complexity as major barriers to acquisition, per a Bloomberg report. Speaking to Bloomberg, Stephen Trauber, Moelis Chairman and Global Head of Energy and Clean Technology, indicated that there is no obvious buyer for BP at present, especially not from the United States. He added that even on a global scale, few potential acquirers see BP's assets as essential. Shell Plc SHEL is seen as the most compatible acquirer in terms of asset synergies and regulatory feasibility, according to Trauber. However, Shell's earlier shift toward traditional oil and gas, and its current stronger market positioning make a deal less attractive from its side. That said, Trauber acknowledged that there is a good chance of a tie-up in the future, particularly if BP's valuation remains subdued and Shell continues to strengthen its balance sheet. In such a scenario, strategic alternatives may need to be reassessed. BP's $20 billion divestment plan is encountering headwinds, with its lubricants unit, Castrol, standing out as a particularly difficult asset to offload. According to Moelis, the business has a narrow pool of potential buyers, making a successful sale uncertain, even under competitive conditions. The company may also consider selling its high-quality oil assets in the United States that may attract strong interest. However, such a move could trigger broader concerns about BP's future strategy, as highlighted by Moelis Managing Director Muhammad Laghari. For now, the consensus among energy dealmakers is that a BP takeover remains a distant prospect. While strategic realignments and market dynamics could change the picture in the future, BP's scale, asset mix and valuation challenges make any near-term acquisition highly improbable. BP currently carries a Zack Rank #5 (Strong Sell). Investors interested in the energy sector may look at a couple of better-ranked stocks like Subsea 7 S.A. SUBCY and Energy Transfer LP ET. Subsea 7 presently sports a Zacks Rank #1 (Strong Buy), while Energy Transfer and RPC carry a Zacks Rank #2 (Buy) each. You can see the complete list of today's Zacks #1 Rank stocks here. Subsea 7 helps build underwater oil and gas fields. It is a top player in the Oil and Gas Equipment and Services market, which is expected to grow as oil and gas production moves further offshore. The Zacks Consensus Estimate for SUBCY's 2025 EPS is pegged at $1.31. The company has a Value Score of A. Energy Transfer is poised to benefit from long-term fee-based commitments. It is also focused on expanding operations through organic and inorganic initiatives. The firm is looking for solutions to meet growing energy demands from additional demand centers through its pipeline network. Energy Transfer's systematic investments should boost its total fractionation capacity at Mont Belvieu and raise its top line. The Zacks Consensus Estimate for ET's 2025 EPS is pegged at $1.44. The company has a Value Score of A. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BP p.l.c. (BP) : Free Stock Analysis Report Energy Transfer LP (ET) : Free Stock Analysis Report Subsea 7 SA (SUBCY) : Free Stock Analysis Report Shell PLC Unsponsored ADR (SHEL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
