Trump Reportedly Pausing $40 Billion AI and Quantum Deal With UK

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Tech is once again caught in the crosshairs of Trump administration trade policy.

Reports say that the United States is stalling the implementation of the “Tech Prosperity Deal,” a roughly $41 billion agreement Trump made with the United Kingdom earlier this year with the aim to develop joint artificial intelligence and quantum computing efforts. The deal included massive investment commitments from American tech giants like Microsoft, Google and Nvidia.

Unnamed officials confirmed



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Trump Reportedly Pausing $40 Billion AI and Quantum Deal With UK



Tech is once again caught in the crosshairs of Trump administration trade policy.

Reports say that the United States is stalling the implementation of the “Tech Prosperity Deal,” a roughly $41 billion agreement Trump made with the United Kingdom earlier this year with the aim to develop joint artificial intelligence and quantum computing efforts. The deal included massive investment commitments from American tech giants like Microsoft, Google and Nvidia.

Unnamed officials confirmed



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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