Nvidia Commits £2B Investment To Boost UK AI Startups

As part of its investment plan, Nvidia is reportedly backing leading UK startups including Synthesia, Revolut, Oxa, PolyAI, Latent Labs, and Basecamp Research.

Nvidia is set to invest $500M in Wayve, the UK-based autonomous vehicle startup it already backs, and has also pledged £500M to UK data centre company Nscale. The $2B investment package aligns with a wave of US tech AI funding in the UK during President Trump’s visit.

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The chipmaker will partner with Accel, Air Street Capital, Balderton, Hoxton Ventures, and Phoenix Court to drive the initiative, focused on creating startups, jobs, and AI infrastructure across key hubs including London, Oxford, Cambridge and Manchester.

Nvidia pointed out that scaling AI startups in the UK had been "challenging due to limited access to supercomputing, constrained venture capital outside London, rising energy costs and difficulty for VCs to access leading academic institutions, where many researchers are also entrepreneurs”.

Jensen Huang, founder and CEO of Nvidia, said:“This is the age of AI the big bang of a new industrial revolution. The United Kingdom is in a Goldilocks moment, where world-class universities, bold startups, leading researchers and cutting-edge supercomputing converge.

"There has never been a better time to invest in the U.K. AI is unlocking new science and sparking entirely new industries. With new capital and advanced infrastructure, we are doubling down to empower the U.K. to lead the next wave of AI innovation.”

About NVIDIA

NVIDIA, founded in 1993, is a worldwide leader in accelerated computing and AI. As the inventor of the GPU, it revolutionized gaming, graphics, and AI. The company delivers full-stack computing solutions that power data centers, autonomous systems and the metaverse, transforming industries with cutting-edge technologies and high-performance computing.