Former Google boss Eric Schmidt has been named the latest senior official to attend the Labor government’s first UK International Investment Summit.
Mr Schmidt, who was Google’s chief executive from 2001 to 2011, is expected to play a key role at the summit in central London on October 14, taking to the stage to present the Kia He is scheduled to meet with Prime Minister Starmer.
Dame Emma Walmsley, chief executive of pharmaceutical giant GSK, will moderate Starmer and Schmidt’s session.
The UK International Investment Summit is sponsored by three major banks: HSBC, Barclays and Lloyds, as well as investment giants M&G, Octopus and data center business TSL.
Which CEOs will be in attendance?
Larry Fink, CEO of American investment firm BlackRock, David Rix, CEO of American pharmaceutical giant Eli Lilly, Alex Kendall, CEO of British self-driving car company Wave, Greg Jackson, and CEO of British energy company Octopus Energy. CEO Shemara Wickramanayake, CEO of Australian infrastructure giant Macquarie
Elon Musk was not invited
Starmer, who joined Schmidt on stage, echoed the words of his predecessor Rishi Sunak, who interviewed X, Tesla and SpaceX boss Elon Musk at the AI Summit a year ago.
Mr Musk was not invited to attend the UK International Investment Summit following his ugly online spat with Mr Starmer over X during the riots that erupted across the UK in August last year.
In addition to retweeting right-wing conspiracy theories, Mr. Musk declared that it was unsafe to travel to the United Kingdom and that he was facing martial law.
Labor hopes the event will boost investment in the UK two weeks before the Budget on October 30th.
Commenting on Labour’s investment summit, Mr Schmidt said: “When the UK hosted the first global summit on AI safety, we demonstrated our determination to be a leader in responsible innovation. And now, we are going even further to ensure the UK is a hub for world-class talent. We have the opportunity to clarify our vision for the future.
“I look forward to discussing with the Prime Minister how we can drive further investment in research and education to ensure the UK remains at the forefront of these technological breakthroughs.”
Barclays chief executive CS Venkatakrishnan added that the summit was an opportunity for the government to “further build investor confidence around our priorities to drive UK economic growth”. The UK’s history of stability, skills and innovation makes it an attractive investment destination. ”
In its own statement, the government said: “This event is an opportunity for the government to establish lasting partnerships with businesses to promote investment in the UK and give investors the certainty and confidence they need to drive growth. “It will be.”
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