Tech Secretary welcomes foreign investment in UK data centres

The Technology Secretary Peter Kyle has welcomed the ‘vote of confidence’ in Britain made by US firms CyrusOne, ServiceNow, Cloud HQ and CoreWeave, who have announced the UK will be the home for their data infrastructure worth a total of £6.3 billion.

The investments, announced as part of today’s International Investment Summit, will take the total investment in UK data centres to over £25 billion since this government took office, demonstrating the government’s continuous effort in driving growth by partnering with business.

These new data centres will provide the UK with more computing power and data storage, so that Britain has the necessary infrastructure to train and deploy the next generation of AI technologies, such as complex machine learning models and algorithms. This in turn will help us roll out AI faster in areas like healthcare, which will help everyone live better and healthier lives.

Technology Secretary Peter Kyle said: "Tech leaders from all over the world are seeing Britain as the best place to invest with a thriving and stable market for data centres and AI development.

"Data centres power our day-to-day lives and boost innovation in growing sectors like AI. This is why only last month, I took steps to class UK data centres as Critical National Infrastructure giving the industry the ultimate reassurance the UK will always be a safe home for their investment. Today’s drumbeat of investment is a vote of confidence in Britain and our approach to work with business to deliver sustained growth for all."