Data Centre Investment News

Money is pouring into data centres faster than almost any other kind of infrastructure. Hyperscalers, investors and governments are committing billions to new campuses across Europe, the US, the Middle East and APAC, most of it driven by AI. We track the biggest deals as they land. Below is a regional round-up of the latest data centre investments, with links to the full stories. Every one of these projects needs people to design, build and run it, which is why we're watching.

Click on the links below to read the full article

UK / Europe

• Virtus secures £2.45bn in financing for data center build-out. The financing is provided by a consortium of 13 banks, with BNP Paribas, Crédit Agricole CIB, Société Générale, and Standard Chartered Bank acting as coordinators, senior mandated lead arrangers, and bookrunners.
• Europe shouldn't bet it's AI future on big data centres. Europe is preparing to bet heavily on how AI compute will be produced. The European Commission’s proposed Cloud and AI Development Act aims to at least triple EU data-centre capacity within five to seven years. The Union is also moving ahead with up to seven AI gigafactories, backed by as much as €10 billion in public funding to unlock at least €20 billion in private funds. 

Asia

• Amazon to acquire two data centers in Hong Kong. Amazon will be buying iTech Tower 3.1 and iTech Tower 3.2, two data center properties in Hong Kong. The two adjacent developments are located at 3 On Kui Street and 8 On Chuen Street in Fanling, New Territories.. 
• AI infrastructure push draws $6bn in data-centre commitments. Uzbekistan says investment commitments for new data centres now exceed $6bn (€5.3bn), as it tries to build the computing power needed to develop artificial intelligence at home rather than rely mainly on infrastructure abroad.
  
  

Middle East

• AI infrastructure spending across the Middle East hits $8.4 billion
• Nvidia to launch in Middle East, says Ooredoo CEO. Nvidia has signed a deal to deploy its artificial intelligence technology at data centers owned by Qatari telecoms group Ooredoo in five Middle Eastern countries
  
  

USA

• British data centre group Nscale files for $35bn US listing.
• AI growth set to double data centre investment over five years – PwC report
  

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