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Wales has become a key destination for US tech firms, attracting £4.6bn in global inward investment last year, with 65 FDI projects. Notable projects include Vantage's conversion of the former Ford Bridgend Engine Plant into a data centre and Microsoft's development in Newport. The region's supportive regulatory environment, skilled workforce, and infrastructure are driving growth in AI, life sciences, and renewable energy sectors, including the Morlais tidal energy project and a significant battery storage initiative.