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NVIDIA (NASDAQ:NVDA) shares climbed 0.94% to $143.03 by 11:40 AM ET Monday as CEO Jensen Huang launched a major European push during London Tech Week alongside U.K. Prime Minister Keir Starmer. The event marked a strategic pivot in the U.K.'s national tech agenda, aiming to embed AI into every sector.
Huang predicted that “every industry in the U.K. will be a tech industry” thanks to AI, while Starmer emphasized plans to integrate AI across government operations. NVIDIA will establish a new AI lab in the U.K., expand its developer training through the Deep Learning Institute, and collaborate with the government on AI skill-building programs.
Key initiatives include the upcoming Isambard AI supercomputer powered by NVIDIA and partnerships focused on embodied AI, material science, and 6G research. The U.K.'s Financial Conduct Authority is also adopting NVIDIA tech in its regulatory innovation sandbox. Supporting this momentum, the U.K. government is investing £1 billion in AI research compute by 2030.
NVIDIA’s European footprint extends beyond the U.K., with AI infrastructure and supercomputer projects underway in Sweden, Germany, and France. The company is also developing Europe’s largest AI campus in the Paris region.
With over 1,700 U.K. Inception members and 500 employees, NVIDIA is powering the next generation of AI-driven startups and enterprises. These “AI factories of the future” reflect the company’s commitment to building sovereign AI capabilities across Europe.
Further announcements are expected during Huang’s keynote at NVIDIA GTC Paris on June 11, live from VivaTech. Topics will include the NVIDIA Blackwell platform, sovereign AI strategies, and new European partnerships, reinforcing NVIDIA’s pivotal role in shaping Europe’s AI future.
