The Institution of Engineering and Technology reports its 'expert insight' on AI superpower investment for the UK:

This week a multibillion-dollar transatlantic tech agreement was announced, featuring some of the biggest names from Silicon Valley: the chipmaker Nvidia; the ChatGPT developer, OpenAI; and Microsoft in a major commitment to the UK and AI.

Graham Herries, Chair of the IET’s Policy Oversight Committee commented: “The UK has taken a bold step forward in the global AI race. With over £31 billion in new investments from US tech giants including Microsoft, Nvidia, Google, and OpenAI, NVIDIA. As the BBC article states, Nvidia’s CEO Jensen Huang is predicting the country will become an AI superpower.”

But a white paper by data centre builder Kao [https://kaodata.com/taker-not-maker] claims the UK may become an AI 'taker' rather than 'maker'.

Just because lots of foreign companies are going to build data centres in the UK to support AI processing does not make the UK an 'AI superpower' but more like a battery chicken shed where we get all the smells and crap to deal with and someone else gets all the eggs (i.e. US tech firms get the revenue from all this AI stuff).

And if Trump gets his way persuading the UK to drop its Digital Services Tax (DST), the US tech firms will not pay the DST 2% levy on their revenues either and the UK will lose billions in tax revenues.

[https://taxjustice.uk/blog/digital-services-tax-analysis-trump-starmer/]