Google said it will invest £5 billion ($5.8 billion) over two years in the UK to help build an artificial intelligence economy in the country.

The tech giant disclosed the plan just as US President Donald Trump is set to announce economic deals totalling more than $10 billion during his visit to the longtime US ally this week. The spending will cover Google’s AI unit, DeepMind — which has an operation in London — as well as AI research related to science and healthcare, according to a company statement on Tuesday.

Part of the investment will focus on a new data centre in Waltham Cross that will help meet growing demand for Google’s services, including search and maps. The outlay is set to support a projected 8,250 jobs annually in the UK, Google said.

US companies OpenAI and Nvidia are planning to pledge investments in UK data centres worth billions of dollars during Trump’s visit to the country. Among the several deals Trump is set to ink is a partnership between the US and Britain to make it quicker for companies in both countries to build nuclear power stations. - Bloomberg