UK to Get £10 Billion AI Data Centre, Creating 4,000 Jobs
The UK will soon have Europe’s most considerable artificial intelligence (AI) data centre, thanks to a £10 billion investment from the US company Blackstone. This large project will be located in Blyth, Northumberland, and will create 4,000 new jobs, as announced by the government.
Boosting the UK Economy
Sir Keir Starmer, the UK Prime Minister, is currently in New York meeting with US business leaders. He said the investment shows that the UK is “open for business.” He emphasized that his government’s main goal was to grow the economy so that British workers could enjoy the benefits. He believes that more foreign investments, like this one, are key to making that happen.
Jobs and Local Support
The government’s Office for Investment helped secure the deal, and around 1,200 jobs will be focused on building the new site in Blyth. Blackstone will also invest £110 million in training programs and improving transport in the local area.
Blackstone purchased the site after Britishvolt, a company that had planned to make electric car batteries there, collapsed. The plan for Blackstone to take over the site was first made public in April before Sir Keir became Prime Minister.
The UK is Back in Business
Sir Keir stated, “This new investment from Blackstone is a big vote of confidence in the UK. It shows that Britain is back on the global stage, and we are ready for business.”
Commitment from Blackstone
Jon Gray, president of Blackstone, said the UK is one of their top markets for investment because of the country’s talent, innovation, and reliable legal system.
“We are making big commitments to support social housing, energy transition, and infrastructure that is important for the digital economy,” he explained. “This £10 billion investment to build one of Europe’s largest data centres, which will create 4,000 jobs, shows our dedication to Britain.”
While in New York, Sir Keir is meeting with several US business leaders, including Mr Gray, as part of his efforts to attract more investment to the UK.
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