'It's a strikingly unequal partnership': How the US comes out on top in the Tech Prosperity Deal despite some significant benefits to UK businesses

"This agreement represents a chance for the UK to carve out a slice of that action, with the memorandum of understanding (MOU) laying out a framework for co-operation. In short, UK organizations should, over time, be given access to critical technology and research, while US companies will get the chance to invest billions of dollars into new initiatives - and reap the eventual rewards."

"In September, the UK welcomed the US president Donald Trump with open arms ahead of the signature of the landmark US-UK Technology Prosperity Deal. This $42 billion agreement, the UK government believes, will strengthen the strategic relationship between the two countries in a variety of key areas - including quantum computing, nuclear energy and, most eye-catching of all, AI."

"We're expected to applaud America's generosity on chips, AI models, and data centers, yet the UK risks becoming little more than an outsourcing hub for hyperscalers and rather than a genuine AI power in its own right," Bates tells ITPro."

UK hosted the US president for the $42 billion US–UK Technology Prosperity Deal intended to strengthen strategic ties across quantum computing, nuclear energy and artificial intelligence. The memorandum of understanding creates a framework for cooperation, promising UK organizations gradual access to critical technology and research while opening the UK to billions of dollars in US investment. The MOU is non-binding and leaves many implementation details unresolved. Supporters emphasize potential investment and collaboration benefits. Critics warn that the agreement disproportionately advantages US hyperscalers, risks expanding their UK footprint, and could reduce the UK to an outsourcing hub rather than an independent AI innovator.

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