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US technology companies, including OpenAI, Nvidia, and CoreWeave, plan to announce billions of dollars in UK investments during President Trump's visit. The focus is on expanding AI infrastructure and data centres amid regulatory pressures and government initiatives to support AI growth zones.
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The UK and US have announced a major tech partnership during President Trump’s visit, with $31 billion in US investments into UK AI, quantum computing, and nuclear sectors. The deal aims to foster growth, security, and innovation, with companies like Microsoft, Google, Nvidia, and OpenAI committing billions. The agreement also includes cooperation on nuclear power and AI infrastructure, but UK steel tariffs remain unresolved.
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As of early October 2025, the US Department of Energy has acquired a 5% equity stake in Lithium Americas and its Thacker Pass lithium mining project, a joint venture with General Motors. This move aims to reduce US reliance on China for lithium, a critical mineral for electric vehicle batteries. The project is expected to produce enough lithium carbonate annually to power 800,000 EVs, with commercial operations targeted for 2026-2028.
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As of October 2025, OpenAI's valuation surged to $500 billion following a $6.6 billion secondary share sale by current and former employees to investors including SoftBank, Thrive Capital, and MGX. Despite not yet turning a profit, OpenAI has secured massive AI infrastructure deals with Oracle, Nvidia, and AMD, fueling rapid growth and complex partnerships across Silicon Valley's AI ecosystem.
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Mandarin Oriental's shareholders will receive $3.35 per share in a $4.2 billion deal, while Alibaba and Ant Group are set to buy the top floors of One Causeway Bay for HK$2.2 billion. Meanwhile, US bank JPMorgan Chase plans to consolidate offices in West Kowloon, reflecting a busy period for Hong Kong's commercial real estate and corporate landscape.
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Internal documents reveal AWS is losing early-stage startup customers to AI-focused platforms, as startups delay traditional cloud adoption and shift toward specialized AI tools. Meanwhile, a global AWS outage impacted users across continents, highlighting ongoing cloud vulnerabilities. These developments signal a major transformation in cloud computing driven by AI innovation.