India, Sept. 19 -- NVIDIA has announced an investment of £2 billion in the U.K. market to catalyze the nation's AI startup ecosystem and scale the next generation of globally transformative AI businesses.

The new capital will be used to foster economic growth, develop more innovative AI technologies, create new companies and jobs, and empower the U.K. to compete in the AI market globally.

Scaling AI companies in the U.K. has been challenging due to limited access to supercomputing, constrained venture capital outside London, rising energy costs and difficulty for VCs to access leading academic institutions, where many researchers are also entrepreneurs. NVIDIA, in collaboration with Accel, Air Street Capital, Balderton Capital, Hox...