U.S. President Donald Trump and British Prime Minister Keir Starmer on Thursday signed a landmark agreement aimed at deepening technological cooperation between the two nations.
The leaders unveiled the Technology Prosperity Deal (TPD) during a press conference at Chequers, the country manor of the British Prime Minister in Buckinghamshire. The leaders described the deal as a “win for both sides” that could create up to 17,500 new jobs across both nations.
The TPD aims to strengthen collaboration in critical sectors, including nuclear energy, artificial intelligence (AI) and quantum computing, according to the White House.
As part of the agreement, 12 advanced modular reactors will be built in Hartlepool, northeast England. This is expected to generate enough electricity to power up to 1.5 million homes and create as many as 2,500 jobs.
The initiative will also see U.S. firm Holtec, France’s EDF Energy, and U.K. investor Tritax develop nuclear-powered data centers powered by small modular reactors in Nottinghamshire.
Starmer said the deal would place the U.S. and U.K. “at the forefront of global innovation.”
“This trip has galvanized $350 billion in deals across many sectors, and we’re committed to ensuring that the UK is a secure and reliable supply of the best AI, hardware and software on Earth, and we supply that and make sure we supply it in quantity to the UK,” said Trump.
