Jensen Huang, co-founder and CEO of Nvidia, revealed plans to build a $52 million artificial intelligence research center in Cambridge, UK. The center will focus on AI and robotics research, creating 400 jobs. Nvidia aims to advance AI technology and collaborate with leading universities in the UK.

The UK government pledged £200 million to support the project, recognizing the potential for economic growth and innovation in AI and robotics. The investment is part of the UK’s strategy to become a global leader in technology and research. The partnership with Nvidia will boost the country’s AI capabilities and create high-skilled jobs.

The new AI research center in Cambridge will be a hub for cutting-edge technology development and collaboration. With access to top talent and resources, Nvidia aims to accelerate breakthroughs in AI and robotics. The center will drive innovation, foster partnerships with universities, and support the growth of the UK’s tech sector.

Read more at Barchart: Bullish Analysts, Options Traders Expect New Highs for Nvidia Stock After Earnings