Google pledges £5bn investment as it opens first UK data centre September 16, 2025 Google has pledged to invest £5bn into the British economy as it opens its first owned and operated data centre in the UK. The tech giant said the investment, which comprises capital spending and research and development over the next two years, will bolster its AI-powered projects in science and healthcare, creating more than 8,000 [...]
Is it time to add infrastructure to your portfolio? September 2, 2025 The UK has, for many years, consistently underinvested in infrastructure compared to its G7 peers. With flagship projects, the country has a terrible track record. In the past year, the long-awaited, controversial high-speed HS2 rail line saw its expansion into the north of England scrapped due to escalating costs. Meanwhile, the Lower Thames Crossing development [...]
Databricks rides AI boom to $100bn after new funding August 20, 2025 Analytics platform Databricks has sealed a fresh funding round that is set to catapult its valuation over $100bn. The data and AI heavyweight has signed a term sheet for Series K Funding – a type of advanced, late-stage financing – which is expected to close shortly. Whilst details of the raise have not been disclosed [...]
UK risks squandering AI investment without urgent action on data centres July 30, 2025 The UK could lose out on billions of pounds in AI investment unless it tackles growing obstacles to data centre development, a new report has warned, as infrastructure experts urge the government to move faster on planning reform and energy policy. The ‘how to make the UK an AI leader’ report, published by techUK, the [...]
AWS pushes UK chip plans amid AI energy crunch May 8, 2025 Amazon Web Services (AWS) has defended the environmental and economic rationale behind its push into custom silicon and AI infrastructure, amid increasing scrutiny over the carbon footprint and power demands of hyperscale cloud providers. Speaking at the AWS summit in London, Dave Brown, vice president of compute and networking at AWS, highlighted the firm’s investment [...]
New £1bn west London data centre set to back soaring AI demand March 25, 2025 Segro and Pure Data Centres have announced a new £1bn data centre located in London’s Park Royal, set to meet the soaring demand for digital infrastructure in the UK. The centre, backed by secretary Peter Kyle, is set for completion in 2026, with operations expected from 2029. The project will support next-generation AI and cloud [...]
How Virgin Media 02 keeps your data running 24/7 February 20, 2025 City AM was invited inside one of Virgin Media 02 (VM02)'s largest data centres in the UK, located in Slough.
Segro: Data centre demand fuels growth at warehousing giant February 14, 2025 Warehousing giant Segro has reported a double-digit jump in profit driven by demand for data centres and improving investment market conditions. Shares were flat in early trades. Adjusted profit before tax at the FTSE-100 real estate investment trust (REIT) grew 14.9 per cent in the year ended December 31 to £470m. Adjusted earnings per share rose 5.5 per [...]
Legal & General-backed London data centre finally gets planning approval October 16, 2024 Local government ministers have unanimously approved planning proposals for what is set to be one of London’s largest data centres. The £750m development in the Newham borough of London is joint-funded by asset management firm Legal and General (L&G) and digital infrastructure investor Goldacre. It will be able to deliver from 77 up to 90 megawatts of [...]
Forget the bangs and flashes, the UK economy just needs some plumbing September 24, 2024 The outlook for the UK economy doesn't have to be so bleak. We just need to get back to basics, writes Sam Bidwell.