Blackstone’s ambitious $13 billion ‘hyperscale’ data centre project in North East England has been given the green light by Northumberland County Council. The plan, which spans 540,000 square metres, was approved after a unanimous vote and is expected to represent an investment of up to £10 billion. The data centre will provide essential data storage and cloud computing services to businesses, addressing the rising demand in sectors such as AI.
The development is expected to generate substantial economic benefits, including up to 1,200 long-term construction jobs and hundreds of operational roles once the centre is running. Additionally, it could support up to 2,700 indirect jobs. As part of the agreement, Blackstone will contribute to a £110 million fund that will help drive growth along the Northumberland Line, a new railway route opened in December 2024.
This development follows the collapse of a previous plan to use the site for a Britishvolt facility, after the UK startup’s failure last year. With demand for data centres escalating, particularly due to AI advancements, this project is poised to play a crucial role in meeting growing technological needs across Europe.
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CoreWeave, backed by Nvidia, announced on Tuesday that it is acquiring AI developer platform Weights & Biases as part of its efforts to expand its cloud platform ahead of its upcoming IPO. The deal will merge CoreWeave’s infrastructure and managed cloud services with Weights & Biases’ AI model training and monitoring tools, which are used by major tech companies such as OpenAI and Meta.
While the financial terms of the deal were not disclosed, technology news site The Information reported that it could be valued at approximately $1.7 billion. CoreWeave, based in Roseland, New Jersey, has seen significant growth, with an eight-fold increase in revenue forecast for 2024.
CoreWeave, whose customers include companies like Meta, Microsoft, and hedge fund Jane Street, is aiming for a valuation exceeding $35 billion in its IPO later this year. The acquisition is seen as a move to strengthen CoreWeave’s position in the competitive AI market ahead of its New York listing.
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Amazon has announced plans to use AI to help reduce flood risks in Spain’s northeastern region of Aragon, where it is building new data centres.
As part of its $17.9 million investment, Amazon’s cloud computing unit AWS will modernise infrastructure and optimise agricultural water use to tackle flood concerns.
The move follows catastrophic floods that impacted large areas around Valencia and comes as AWS continues its €15.7 billion expansion in the region’s cloud infrastructure.
The region is prone to flooding, especially along the Ebro River, highest-flow river in Spain, which crosses through Aragon on its way to the Mediterranean.
Amazon will deploy advanced cloud computing technologies to create an early warning system combining real-time data collection, sensor networks, and AI-powered analysis.
However, this system will help Zaragoza, the capital of Aragon, monitor flood risks more effectively and provide timely warnings to emergency services.
In addition to its technological investment, local authorities in Zaragoza are building flood defences at the Barranco de la Muerte, or Death Ravine, to mitigate future flood damage.
With these combined efforts, Amazon aims to contribute to reducing the region’s vulnerability to floods while supporting its own expanding data infrastructure.
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Twenty-three industry groups across Europe have urged EU officials to approve a draft cybersecurity certification for cloud services.
The certification scheme, which was introduced in 2020 by the European Union Agency for Cybersecurity (ENISA), aims to provide governments and businesses with reliable, secure cloud service providers.
It has been under revision since last year, with changes that favour major tech firms such as Microsoft, Google, and Amazon.
The groups, including the American Chamber of Commerce and various EU trade associations, argue that the updated draft, which will be finalised in March 2024, strikes a balance between robust security standards and an open market.
These revisions removed political provisions, such as requirements for US tech companies to partner with EU firms for data storage, focusing instead on technical security criteria.
Despite this, concerns linger about the European Commission potentially delaying or even scrapping the certification scheme altogether. The groups have strongly urged the EU to push forward with its adoption, believing it will support Europe’s digital economy while promoting secure cloud computing solutions.
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TikTok, the popular video-sharing app owned by ByteDance, has unveiled plans to invest $8.8 billion in building data centres in Thailand over the next five years. The announcement was made by Helena Lersch, TikTok’s Vice President of Public Policy, during an event held in Bangkok on Friday. This investment marks a significant move as the company continues to expand its operations in the region.
The specific details of the investment remain unclear, particularly whether it includes a $3.8 billion agreement that was announced by Thailand’s investment board last month. The government’s investment board had previously detailed a deal aimed at boosting digital infrastructure in the country, but TikTok did not provide further clarification on the connection between the two.
This move highlights TikTok’s growing commitment to the Thai market and its broader strategy of increasing local data storage capabilities. As part of its ongoing efforts to expand its global presence, the company is investing in infrastructure to better serve its user base and meet regulatory requirements in key markets.
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Dassault Systèmes has collaborated with Apple to integrate its industrial 3D software with the Vision Pro headset. Widely used across manufacturing, life sciences and urban planning, the software allows engineers and designers to create precise digital twins of real-world objects.
The French company serves hundreds of thousands of customers designing cars, aircraft and factories.
A new app called 3DLive is set for release this summer, enabling real-time collaboration on 3D models. Engineers and designers will be able to work remotely on industrial projects, detecting potential issues early in the design process.
The technology aims to streamline workflows, particularly for manufacturing, where maintenance challenges often arise too late.
Deep integration with Apple’s Vision Pro will allow 3DLive to leverage its advanced sensors and computing power. The software’s high level of scientific accuracy ensures it can be used for complex applications such as aircraft design, where precision is crucial.
Apple executives highlighted its potential to reduce costs and rework by facilitating earlier design decisions.
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Alibaba has announced plans to invest at least 380 billion yuan ($52.44 billion) in cloud computing and AI infrastructure over the next three years. This significant investment, revealed on Monday, follows the company’s earnings announcement on Friday, where it reported revenue of 280.15 billion yuan for the quarter ending December 31, slightly surpassing analysts’ expectations. The investment in AI and cloud computing will exceed the company’s total spending in these areas over the past decade.
The announcement marks a strategic push for Alibaba in the rapidly growing AI sector, positioning the company as a key player in China’s AI race. This has already paid off in the stock market, with Alibaba’s shares climbing over 68% so far this year, reflecting strong investor confidence. The move also comes as other Chinese tech giants, such as ByteDance, are making similar investments, with ByteDance reportedly allocating over 150 billion yuan this year to enhance its AI capabilities.
This wave of investment underscores the growing importance of AI and cloud computing to China’s tech landscape. It also highlights the competitive race between Chinese firms to dominate these sectors and secure their positions in the global technology arena.
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STMicroelectronics has announced the launch of a new computer chip aimed at the rapidly expanding AI data centre market. Developed in collaboration with Amazon Web Services (AWS), the photonics chip uses light rather than electricity, which helps increase speed and reduce power consumption in AI data centres. These chips are expected to be used in transceivers, which are crucial components in data centre infrastructure.
As top US software companies plan to invest $500 billion into AI infrastructure, there is rising demand for specialised chips, not only for computing but also for memory, power, and communications applications. ST’s new chip targets the communications sector, with a focus on improving the efficiency of transceivers, which are essential in AI data centres. The company also has a collaboration agreement with AWS to deploy this technology in their infrastructure later this year.
ST is working with a leading provider of optical solutions, although the company’s name has not been disclosed, to integrate the new chip into next-generation transceivers. The market for such devices, valued at $7 billion in 2024, is expected to grow significantly, reaching $24 billion by 2030. ST will begin mass production of these chips at its facility in Crolles, France.
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Europe is on track for an unprecedented expansion in data centre capacity this year, according to new research from CBRE. The commercial real estate firm projects that 937 megawatts of new capacity will come online in 2025, a 43% increase from 2024. This surge is being fuelled by growing demand for artificial intelligence and cloud computing, despite challenges in securing power and land.
Over half of this new capacity is expected in key markets such as Frankfurt, London, Amsterdam, Paris, and Dublin. Secondary markets, including Milan and Madrid, are also experiencing rapid growth, with seven locations forecast to surpass 100MW of supply by the end of the year.
The ongoing boom is driven by several factors, including government incentives, land availability, and the ambitions of major cloud providers. ‘The data centre construction boom will continue unabated,’ said Kevin Restivo, CBRE’s head of European data centre research, highlighting the sector’s resilience despite infrastructure challenges.
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US electric utilities are significantly increasing their capital investment plans to expand power generation and strengthen the grid as AI and cloud computing drive up electricity consumption.
Companies such as PPL Corp, Dominion, and Exelon have revised their spending plans upward, with PPL announcing a nearly 40% increase to $20 billion through 2028.
The surge in demand is largely fuelled by data centres, which are now being built at an unprecedented scale, reaching capacities of up to 1 gigawatt per site.
Utility executives have dismissed concerns that market disruptions, such as Chinese AI startup DeepSeek’s recent emergence, would weaken demand from major tech firms.
Instead, companies including American Electric Power (AEP) and Duke Energy have received assurances from technology customers that their expansion plans remain unchanged. AEP is considering adding $10 billion to its existing $54 billion capital plan, while Duke is increasing its five-year spending by $10 billion.
Rising demand for electricity is expected to reach record levels in the US by 2026, driven not only by data centres but also by manufacturing and electrification in sectors like transportation.
While utilities race to expand power supplies, regulatory approval remains a challenge, and increased investment could lead to higher electricity costs for households and businesses.
Some utilities are also exploring whether data centres should bear a greater share of the costs associated with grid expansion.
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