Traveling with Trump is both OpenAI’s Sam Altman and Nvidia chief Jensen Huang, and speculation is rife that they are carrying some serious investment news.
«Sizable deal»
According to CNBC, both OpenAI and Nvidia are in discussions about a «major investment,» and a «sizable deal» for data center development in the UK that «could be worth billions of dollars.»
The investment, a source tells the outlet, is still being ironed out and involves both Nvidia and London-based Nscale, the cloud computing firm, and it is expected to supply OpenAIs AI efforts.
«Incredible place to invest»
— The U.K. is in a Goldilocks circumstance, said Huang at a conference with Prime Minister Keir Starmer in June, reported by CNBC, — I think it’s just such an incredible, incredible place to invest. I’m going to invest here.
And what better moment to announce an investment than at a banquet dinner with King Charles at Windsor Castle, reports Sky News.
Everyone involved, from governments to corporations, has declined to comment, but these companies are clearly aiming their announcement towards the state visit.
Read more: Bloomberg news (paywalled), CNBC confirms, Sky News on the visit and a writeup by Reuters.