What the £31 billion UK-US tech deal really means
The Times Tech Podcast
Will Morley
4.8 • 676 Ratings
🗓️ 18 September 2025
⏱️ 48 minutes
🧾️ Download transcript
Summary
Is Britain in a "Goldilocks" moment for AI? US President Donald Trump’s state visit to Britain brought more than pomp and ceremony. American tech giants pledged £31 billion in AI and data centre investment, from Nvidia’s 120,000 processors to Microsoft’s GDP-boosting promises. Danny Fortson and Katie Prescott unpack what the new UK-US “tech prosperity deal” really means, and speak with one of the investors – CoreWeave CEO Michael Intrator and CBO Mike Mattacola about their £1.5 billion UK expansion.
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Transcript
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| 0:00.0 | The Times Tech Podcast is sponsored by Smart Energy G.B. How smart are you? Just as smart as you. |
| 0:07.3 | Then what do you think a smart meter is for? Easy, easy, easy. I've got one at home. They help you |
| 0:13.7 | keep track of your energy costs and send meter readings straight to your supplier. |
| 0:18.5 | Wrong. What? Well, not wrong. Right. |
| 0:22.3 | But there's more. |
| 0:24.1 | Many small businesses are eligible for a smart meter too, |
| 0:27.2 | so they keep track of their energy costs quickly and easily. |
| 0:31.4 | So many small business owners could get a smart meter installed, |
| 0:35.3 | whether their business is hairdressing, accountancy, or making a podcast. |
| 0:39.5 | And lots of small businesses are already using them to help keep track of their energy use. |
| 0:45.6 | Search get a smart meter for business. Eligibility may vary. |
| 0:51.2 | The Times Tech podcast is sponsored by Deal. |
| 0:54.0 | So Katie, what's worse than HR, IT, and pay The Times Tech podcast is sponsored by Deal. |
| 1:00.4 | So, Katie, what's worse than HR, IT, and payroll not talking to each other? |
| 1:03.6 | When they're all talking, but in three different time zones. |
| 1:08.6 | Deal fixes that one AI native platform where they actually work together. |
| 1:12.6 | Built in-house, secure, 24-7 support. D-E-E-L.com slash tech list. |
| 1:20.6 | Hello and welcome to the Times Tech podcast with me, |
| 1:24.6 | Danny Fortson in Silicon Valley, U.S.A. |
| 1:28.7 | And me, KD. Prescott, in the city of London, in the United Kingdom, with all of your |
| 1:34.0 | crew. We've had all of your tech crew over here this week. It's been amazing. I mean, |
| 1:39.9 | I think the only person who hasn't been over, actually, is Mark Zuckerberg. |
... |
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