Microsoft CEO Satya Nadella states AI could boost the UK economy by 10% in five years, not ten. This follows a £31bn UK-US tech deal, including Microsoft’s £22bn investment—its largest outside the US—for AI infrastructure like data centers and a supercomputer in Essex. While promising growth and jobs, concerns include high energy consumption, over-reliance on foreign tech, and potential job displacement. Other giants like Google and Nvidia are also investing heavily.