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Data Center News > Blog > Colocation > Tech Secretary welcomes foreign investment in UK data centres
Colocation

Tech Secretary welcomes foreign investment in UK data centres

Last updated: October 17, 2024 3:56 am
Published October 17, 2024
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Tech Secretary welcomes foreign investment in UK data centres
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The Know-how Secretary Peter Kyle has welcomed the ‘vote of confidence’ in Britain made by US companies CyrusOne, ServiceNow, Cloud HQ and CoreWeave, who’ve introduced the UK would be the house for his or her information infrastructure value a complete of £6.3 billion.

The investments, introduced as a part of at this time’s Worldwide Funding Summit, will take the overall funding in UK information centres to over £25 billion since this authorities took workplace, demonstrating the federal government’s steady effort in driving progress by partnering with enterprise.

These new information centres will present the UK with extra computing energy and information storage, in order that Britain has the mandatory infrastructure to coach and deploy the subsequent technology of AI applied sciences, reminiscent of advanced machine studying fashions and algorithms. This in flip will assist us roll out AI quicker in areas like healthcare, which is able to assist everybody dwell higher and more healthy lives.

Know-how Secretary Peter Kyle stated: “Tech leaders from everywhere in the world are seeing Britain as the perfect place to speculate with a thriving and steady marketplace for information centres and AI improvement.

“Knowledge centres energy our day-to-day lives and increase innovation in rising sectors like AI. Because of this solely final month, I took steps to class UK information centres as Essential Nationwide Infrastructure giving the trade the last word reassurance the UK will all the time be a protected house for his or her funding. Right this moment’s drumbeat of funding is a vote of confidence in Britain and our method to work with enterprise to ship sustained progress for all.”

See also  The Move to Improve: Why the Midwest is Housing More Data Centers | DCN

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