AI could boost UK economy by 10% in five years, says Microsoft boss

Microsoft says its new $30bn (£22bn) investment in the UK's AI sector - its largest outside of the US - should significantly boost Britain's economy in the next few years. Its package forms a major part of a £31billion agreement made between the UK government and various other US tech giants, including Nvidia and Google, to invest in British-based infrastructure to support AI technology, largely in the form of data centres. Microsoft will also now be involved in the creation of a powerful new supercomputer in Loughton, Essex. Speaking exclusively to the BBC Microsoft CEO Satya Nadella told the BBC of the tech's potential impact on economic growth. It may happen faster, so our hope is not ten years but maybe five.