Community Development: Investment
The question
To ask the Secretary of State for Business and Trade, what steps his Department is taking to encourage investment from (a) OpenAI, (b) Google, (c) Anthropic and (d) Meta in local communities.
Answered by Sarah Jones
The Department for Business and Trade will continue to work with the Department for Science, Innovation and Technology and the Office for Investment to support significant overseas companies to invest and expand their footprint in the UK, and ensure that local communities benefit from the digital industrial revolution. As set out in the AI Opportunities Action Plan presented earlier this month, AI Growth Zones will be established across the UK. Government will support these dedicated hotbeds of development to build the infrastructure needed to power and train cutting-edge AI. By partnering with the private sector, we will create vibrant hubs that attract investment, support new jobs, and rejuvenate communities.
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