Finance
UK, US to sign multibillion-dollar tech deal during Trump's visit
Published by Global Banking & Finance Review®
Posted on September 13, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 13, 2025
2 min readLast updated: January 21, 2026
The UK and US are set to sign a major tech agreement during Trump's visit, focusing on AI and quantum computing, with significant investments planned.
By Jarrett Renshaw
(Reuters) -The United Kingdom and the U.S. are preparing to sign a landmark technology agreement in the coming days as part of President Donald Trump’s visit to the UK, the British Embassy in Washington said on Saturday.
This agreement aims to bolster collaboration between the two nations' trillion-dollar tech sectors, enhancing opportunities for businesses and consumers on both sides of the Atlantic.
While the final details were still being negotiated, the embassy said the partnership will focus on key technologies, including artificial intelligence, semiconductors, telecommunications, and quantum computing.
“Cutting-edge technology such as AI and quantum computing will transform our lives,” UK Technology Secretary Liz Kendall, who was appointed to her role on September 5, said in a statement.
Trump is set to fly to the UK on Tuesday for a second state visit, which is expected to last three days. He is due to be accompanied by a delegation of U.S. executives including Nvidia Corp CEO Jensen Huang and OpenAI's Sam Altman.
BlackRock plans to invest $700 million in British data centers as part of a string of deals to be announced during Trump's state visit next week, Sky News reported on Saturday.
Since the start of the year, both countries have published AI Action Plans. U.S. firms such as Anthropic and OpenAI are increasingly establishing international offices in London, while UK-based companies like DeepMind continue to invest in trans-Atlantic collaborations.
(Reporting By Jarrett Renshaw, additional reporting by Steve Holland; editing by Scott Malone)
Artificial intelligence (AI) refers to the simulation of human intelligence in machines programmed to think and learn. AI can perform tasks such as problem-solving, speech recognition, and decision-making.
Quantum computing is an advanced computing paradigm that uses quantum bits or qubits to perform calculations at speeds unattainable by classical computers. It has the potential to solve complex problems quickly.
Telecommunications involves the transmission of information over distances for communication. This includes various technologies such as telephones, internet, and broadcasting.
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