"This partnership is a major vote of confidence in UK leadership in defence, data and AI technology and as an ideal location for companies to invest and expand. By harnessing the power of AI, we will boost the effectiveness of our armed forces, ensuring they have the tools they need to keep the British people safe. The work will unlock billions of pounds of investment into UK innovation, creating hundreds of skilled UK jobs and making defence the leading edge of innovation in Nato."
"This partnership reflects our deep commitment to the UK. It will see up to £750 million invested in the most advanced AI-enabled defence technology, honed on the battlefield in Ukraine and used extensively by the US and Nato. It will reinforce the UK's position as a major military force protecting the West from our adversaries. And it will underline the UK's status as our largest presence outside of the US."
A US £1.5 billion investment is presented as a major vote of confidence in UK leadership in defence, data and AI technology. US software company Palantir plans to create 350 high-skilled new jobs in the UK and at its European headquarters. The partnership will develop AI capabilities to speed decision-making for military planning and targeting enemies. The announcement of larger investment figures coincided with the US President's second state visit to Britain. Up to £750 million will be invested in AI-enabled defence technology honed on the battlefield in Ukraine and used by US and Nato forces. The initiative aims to unlock billions for UK innovation and make defence the leading edge of innovation in Nato, creating hundreds of skilled UK jobs.
Read at London Business News | Londonlovesbusiness.com
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