invest

Amazon and Google have also invested in new, cutting-edge nuclear technology to meet clean energy goals.

The Welsh government said tackling homelessness was a priority and it had "allocated record levels of funding" since 2021 - £1.4bn - and was investing nearly £220m in homelessness prevention and housing support this year.

"There is a huge threat, but just saying: 'Let’s abolish AI' is not going to work - there are too many countries and people invested," he told the BBC.

Saudi Arabia's Public Investment Fund owns a majority stake in Newcastle, as the country continues to invest millions into sport.

Trump has pledged to increase production of US fossil fuels rather than investing in renewable energy sources such as wind power - a goal Wright will be instrumental in driving.