• 5
  • 1
  • 1

OpenAI, Nvidia Set To Announce UK Data Center Investments

Reuters09-12

Sept 11 (Reuters) - The CEOs of the ChatGPT maker OpenAI and Nvidia NVDA.O plan to pledge support for billions of dollars in UK data center investments when they head to the country next week at the same time as U.S. President Donald Trump, Bloomberg News reported on Thursday.

The companies are teaming up with London-based data center business Nscale Global Holdings on the project, the report said, citing people with knowledge of the matter.

Nvidia declined to comment. OpenAI, NScale Global, the White House and Downing Street did not respond to Reuters requests for comment outside regular working hours.

The investment underscores rising demand for digital infrastructure, driven by artificial intelligence and cloud computing.

OpenAI CEO Sam Altman and Nvidia's chief Jensen Huang are among a group of U.S. tech executives expected to visit the country as part of the delegation, as per the report.

Several U.S.-based companies across a range of industries are also expected to announce tens of billions of dollars in UK investments during Trump's visit, Bloomberg News said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Nvidia declined to comment. OpenAI, NScale Global, the White House and Downing Street did not respond to Reuters requests for comment outside regular working hours.
    Reply
    Report
    Fold Replies
    • 力奇大魔王
      Institutions too
      09-12
      Reply
      Report
    • GarfieldTT
      The director and ceo keep selling to push price down..
      09-12
      Reply
      Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24