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3 days ago | 
techerati.com | Nicole Cappella
Britain’s largest private pension fund, the Universities Superannuation Scheme (USS), is investing up to £250 million ($333.8 million) in a major data centre development on the Northumberland coast. The project, with an estimated value of £10 billion ($13.3 billion), will be led by private equity giant Blackstone.
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1 week ago | 
techerati.com | Nicole Cappella
British Telecom (BT) is actively exploring a pivot to the edge data centre market, seeking to repurpose portions of its extensive infrastructure portfolio to support the growing demand for distributed compute power, driven by artificial intelligence (AI) and digital services.
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1 week ago | 
techerati.com | Nicole Cappella
The UK’s Serious Fraud Office (SFO) has opened a high-profile international bribery case centred on more than £3 million ($4 million) of suspected corrupt payments over the development of a Microsoft data centre in the Netherlands. Last week, the SFO carried out coordinated raids on properties located in London, Kent, Surrey, and Somerset, as well as one in Monaco. More than 70 officers were involved in the raid, and three individuals were detained for questioning.
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1 week ago | 
techerati.com | Nicole Cappella
A landmark £6 million ($8 million) research programme led by Queen Mary University of London is set to revolutionise the data centre industry, drastically reducing energy consumption of artificial intelligence (AI) data centres. The NEED2D (Enabling Net Zero and the AI Revolution with Ultra-Low Energy 2D Materials and Devices) initiative will produce ultra-low-energy, atomically-thin semiconductors with the capability of cutting energy usage by over 90%.
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2 weeks ago | 
techerati.com | Nicole Cappella
German investment bank Hauck Aufhäuser Lampe Privatbank (HAL) has announced the launch of a new subsidiary, HAL Data Centre Development (HAL DCD). The new venture will focus on the creation of large-scale data centres, and looks to position Germany as a key location for international investments. HAL DCD is a wholly-owned subsidiary of HAL Privatbank, and will operate under the bank’s real estate investment management division.
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2 weeks ago | 
techerati.com | Nicole Cappella
Frontier Power and Ethos Green Energy have announced a Joint Development Agreement (JDA) to deliver an ambitious clean energy program for the UK. The partnership aims to develop up to 20GWh of long-duration energy storage (LDES), 5GW of solar power, and 5GW of data centre capacity to support British energy and digital infrastructure improvement strategies.
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3 weeks ago | 
techerati.com | Nicole Cappella
News Hub Written by Nicole Cappella 37 minutes ago Ofgem, the independent energy regulator for the UK, has to sweeping reforms to the UK’s grid connection process. The reforms, drafted by the National Energy System Operator (NESO), are designed to supercharge Britain’s clean energy transition, prioritising strategic clean energy projects and eliminating so-called “zombie” applications that have long obstructed the interconnection queue.
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3 weeks ago | 
techerati.com | Nicole Cappella
Colt Technologies has announced the sale of eight data centres to NorthC and other DWS-backed entities, marking a strategic shift in focus for the company. The facilities, originally acquired through Colt’s 2023 purchase of Lumen EMEA, will now be transferred to NorthC and other entities backed by DWS Group. The transaction includes six city-centre facilities in Germany and the Netherlands, which will be taken over by NorthC, a data centre operator headquartered in the Netherlands.
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3 weeks ago | 
techerati.com | Nicole Cappella
OpenAI, SoftBank, and Oracle are weighing a major expansion of their Stargate artificial intelligence (AI) infrastructure project in the UK, according to a report from the Financial Times. This would mark the project’s first international deployment outside of the US, aligning with the UK’s strategy to position the country as a potential global hub for advanced AI development.
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1 month ago | 
techerati.com | Nicole Cappella
Ireland’s Data Protection Commission (DPC) has opened a formal investigation into X (formerly Twitter) over the alleged use of personal data of EU citizens as training data for the Grok AI application. The inquiry will focus on whether the data from X users across the EU and European Economic Area (EEA) was lawfully processed when it was used to train Grok Large Language Models (LLMs).
