The UK and the USA have all the time had an enduring bond, with diplomatic, cultural and financial ties which have remained agency for hundreds of years.
We dwell in an period of profound change, and reside with applied sciences set to alter issues ever sooner. If Britain and America work collectively to develop these applied sciences for the great of mankind, in a method that’s open and free, but additionally protected and good for our residents, we will keep the worldwide lead our nations have loved within the fields of innovation.
Over previous months we now have seen some very important strides ahead on this enterprise relationship. All of the largest US firms have made choices to put money into the UK. Apple is creating a brand new HQ within the iconic Battersea Power Station, near the brand new US embassy, whereas Google is constructing a billion greenback new HQ within the more and more modern King’s Cross. Facebook, Amazon, IBM and Microsoft are all extending their operations, and a large number of smaller US corporations are basing their worldwide headquarters in London.
They are all coming right here as a result of as we put together to depart the EU we’re constructing a ahead wanting Britain that’s open to the broader world, and tech is on the coronary heart of this.
Similarly, there have been main expansions or new funding from British corporations into the US. Jaguar Land Rover, the UK’s largest automotive producer, helps greater than 9,000 jobs within the USA and have not too long ago opened their new multimillion-dollar company North America HQ in New Jersey. iProov, a number one British supplier of biometric facial verification expertise, grew to become the primary worldwide firm to be awarded a contract from the US Department of Homeland Security Science & Technology Directorate’s Silicon Valley Innovation Program final month.
We wish to work with our international companions – to share experience, and encourage funding – as we harness expertise for the broader good. And that after all contains our previous pal and closest ally, the USA.
We have an incredible deal to supply.
The UK was not too long ago ranked probably the most AI prepared nation amongst all of the OECD international locations. In the previous three years, new AI start-ups have been created within the UK on an nearly weekly foundation.
Recently, UK authorities and trade collectively dedicated over $1 billion to assist our AI…