Nvidia to Invest £2 Billion in UK Firms Including Wayve, Revolut

Nvidia, the leading semiconductor company, announced plans to invest £2 billion ($2.7 billion) in UK-based firms to bolster the country's artificial intelligence (AI) industry. The investment will be made in partnership with several venture capital firms. The funds will be directed towards supporting various AI-driven startups, including Wayve, a company focused on developing autonomous driving technology, and Revolut, a digital banking platform. The investment aims to accelerate the growth and development of these UK-based firms, enabling them to expand their operations and further enhance their AI capabilities. Nvidia's commitment to the UK's AI ecosystem reflects the company's strategy to strengthen its position in the rapidly evolving technology landscape. The investment is expected to create new job opportunities and foster innovation within the UK's AI sector, contributing to the country's overall technological competitiveness.