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U.S. Tech Companies To Invest $8.2 Billion In U.K. Data Centers

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Robert Olsen is a journalist based in London, focused on covering transatlantic business interests between the U.K. and the U.S. His 14-year career in journalism includes various editorial positions at Forbes and Bloomberg in Hong Kong, where his coverage ranged from business titans and real estate barons to whistleblowers and crypto kingpins.

that four American tech companies have agreed to invest a combined £6.3 billion in data centers, a move aimed at strengthening Britain’s position in the global AI race.“Tech leaders from all over the world are seeing Britain as the best place to invest with a thriving and stable market for data centers and AI development,” Kyle said in a statement.

CloudHQ is developing a new £1.9 billion data center campus in Didcot, Oxfordshire that promises to create 1,500 jobs during construction, and 100 jobs after it becomes fully operational. CyrusOne announced plans to expand its investment in the U.K. to £2.5 billion over the coming years. The company said its projects should be operational by the end of 2028, and are expected to create over 1,000 jobs.Trump Vs. Harris 2024 Polls: Harris Up 2 Points In Latest Survey As Race Is Nearly Tied

 

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