Volex takes ‘conservative’ approach to data centre growth forecast amid AI capex splurge June 26, 2026 The boss of Volex has said the firm has taken a “conservative” approach to the growth of its data centre arm after a surge in capex spend among the AI hyperscalers sent its revenue soaring. The Hampshire based connectivity products business, which supplies key components used in data centres, posted a 14.4 per cent rise [...]
AI infrastructure boom helps power Halma to record sales and profit June 11, 2026 The AI infrastructure boom helped underpin another record year at Halma as the FTSE 100 safety and equipment maker delivered more than £2.5bn in annual revenue for the first time. The 130-year-old group, which owns dozens of specialist businesses across safety, healthcare and environmental tech, posted record revenue and profit, extending a growth streak that [...]
The Debate: Should we build a data centre on Brick Lane? June 10, 2026 It may be better known for bagels, but times they are a changing. Should we put a data centre on Brick Lane? We hear the case for and against.
Samsung employees bag £310k bonuses as chip boom sends payouts soaring May 28, 2026 Samsung’s AI-fuelled chip boom has delivered eye-watering payouts for thousands of staff, after workers at the South Korean giant voted through a profit-sharing deal worth hundreds of thousands of pounds each. Employees in Samsung’s memory chip division are set to receive bonuses averaging roughly £310,000, mostly in stock, as soaring demand for AI data centre [...]
Nvidia beats again – but Wall Street’s expectations keep rising May 21, 2026 Nvidia delivered another record-breaking quarter on Wednesday night, extending its dominance at the centre of the AI boom – but investors are increasingly asking how long the explosive growth can continue. The world’s most valuable company reported first-quarter revenue of $81.6bn, up 85 per cent year-on-year and ahead of Wall Street forecasts of $78.9bn. Net [...]
Data centres to consume tenth of global power by 2050 May 20, 2026 The AI boom is set to drive one of the largest increases in electricity demand in modern history, with data centres expected to consume a tenth of the world’s power by 2050. Global data centre electricity demand will more than double from 500 terawatt-hours (TWh) last year to 1,114TWh by mid-century, according to BloombergNEF data, [...]
Google and Blackstone take aim at Nvidia in $5bn AI bet May 19, 2026 Alphabet’s Google and Blackstone are launching a $5bn (£3.7bn) AI infrastructure firm in one of the clearest signs yet that Big Tech is trying to loosen Nvidia’s grip on the AI boom. The deal, as first reported by The Wall Street Journal, will see the pair create a new US-based AI cloud and data centre [...]
Britain’s data centres are eating the grid – and we underestimated the damage May 14, 2026 UK data centre emissions forecasts have been revised upward 100-fold. London’s server farms already consume more power than all its households combined. So why did it take this long to do the maths? Data centres are consuming six per cent of all UK electricity, while government emissions forecasts have been revised upward by a factor [...]
Fractile lands $220m as ministers hail ‘vote of confidence’ in UK AI May 13, 2026 British AI chip startup Fractile has raised $220m (£165m) in fresh funding with the government pointing to the deal as evidence the UK can produce globally competitive AI infrastructure companies. The London-founded company, which is developing next-generation chips designed to speed up AI inference – the by which AI models generate responses – said the [...]
Cisco’s ‘record highs’ face AI earnings reality check May 13, 2026 Cisco is set to report its quarterly earnings after the bell on Wednesday, and Wall Street is looking for evidence that the software giant’s AI-fuelled rally still has legs. Investors expect the Silicon Valley group to post third-quarter revenue of roughly $15.56bn (£11.52bn), up from $14.15bn a year ago, with earnings per share forecast at [...]