The UK and US have signed a landmark technology partnership known as the Tech Prosperity Deal, aiming to strengthen collaboration in artificial intelligence, quantum computing, and nuclear energy. Despite concerns that this deal might limit the UK's ability to set its own AI regulations, Trade Secretary Peter Kyle asserts that it won't prevent the UK from making its own rules on AI.
The deal includes significant investments from major US tech firms, such as Microsoft, Google, and NVIDIA, which will invest billions in UK industries, launching new AI infrastructure, quantum research, and advanced nuclear reactors. The partnership will focus on developing AI infrastructure, expanding computing access, and creating high-impact datasets.
Peter Kyle emphasizes that the agreement doesn't compromise the UK's autonomy in regulating AI. The UK government aims to identify opportunities to regulate emerging technologies in tandem with the US while maintaining its distinct philosophical approach to regulation. The partnership will formalize a technology partnership between the two nations, spanning AI, quantum computing, and nuclear energy.
The deal is expected to drive economic growth, create thousands of jobs, and strengthen the UK's digital leadership. By working together on joint research efforts and identifying opportunities for aligned regulation, the UK and US aim to advance pro-innovation AI policy frameworks and promote digital trade.