UK secures major tech investments during London Tech Week

London Tech Week closed with more than £6 billion of new investment and around 8,000 new jobs announced, reinforcing the UK’s push to position itself as a major AI hub. The commitments cover chips, cloud infrastructure, quantum computing, autonomous vehicles and open-source development, while the government highlighted support for skills, infrastructure and innovation.

Major deals included AMD committing up to £2 billion over five years to accelerate AI innovation and research in the United Kingdom, and Nebius investing approximately £1.7 billion to expand UK capacity with three deployments of advanced NVIDIA compute. Amazon opened a fulfilment centre in Northampton and announced another site in Kettering, with more than £1 billion and up to 4,000 jobs tied to its planned £40 billion UK investment.

Other announcements included Ark’s £807m expansion of its Longcross Park campus, Eros Innovation’s £265m investment in a sovereign British Cultural AI capability, and Oxford Quantum Circuits securing a £260 million investment. The government also promoted a £1.1 billion AI Hardware Plan, new backing for open-source AI builders and a data centre design challenge.