A $10 billion US investment will create 4,000 jobs in the UK, establishing Europe's biggest AI data center in Blyth, Northumberland according to government announcements.
Sir Keir Starmer emphasized, "The number one mission of my government is to grow our economy, so that hard-working British people reap the benefits and more foreign investment is a crucial part of that plan.”
The investment includes 1,200 construction jobs and $110 million from Blackstone dedicated to skills training and transport infrastructure in Blyth after Britishvolt's failure.
This deal represents a significant shift towards AI development in the UK, showcasing an opening for business, as highlighted during Starmer's engagement with US businesses.
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