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The ever-increasing demand for AI workloads will see the global data centre market expand by a 15% Compound Annual Growth Rate (CAGR) through 2027, a figure that could rise to 20%, according to new research from Jones Lang LaSalle (JLL).
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AI hyperscaler Nscale unveiled plans to invest $2.5 billion (GBP£2 billion) in building data centres in the UK.
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The Biden administration has awarded up to $53 million in direct funding to HP to expand and modernise its Corvallis, Oregon facility to create a new research lab.
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The UK government unveiled plans to “throw the full weight of Whitehall” behind AI, including creating a UK-centric research agency and increasing the country’s infrastructure capacity twentyfold.
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Anthropic, the Amazon and Google-backed AI startup behind Claude is once again on the hunt for cash, with reports suggesting it could raise up to $2 billion.
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Hussain Sajwani, founder and chairman of Dubai-based Damac Properties, has unveiled plans to invest $20 billion in US data centres.
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