US tech firms to invest $8.2 billion in UK data centres


Delegates arrive for the International Investment Summit in London, as the Government seeks to woo investors to the UK, October 14, 2024. Jonathan Brady/Pool via REUTERS

LONDON (Reuters) - Britain said on Monday that U.S. firms ServiceNow, CyrusOne, CloudHQ and CoreWeave would invest a combined 6.3 billion pounds ($8.2 billion) in UK data centre technology.

The announcement comes as British Prime Minister Keir Starmer hosts global business leaders at a major investment summit in London.

($1 = 0.7662 pounds)

(Reporting by Sarah Young, writing by Sachin Ravikumar)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Former crypto executive Do Kwon due in US court on criminal fraud charges
IBM, GlobalFoundries settle lawsuits over contract, trade secrets
SoFi shares fall after KBW downgrade on valuation concerns
Apple to pay $95 million to settle Siri privacy lawsuit
As Musk gains influence, questions hover over US probes into his empire
China’s military warns that AI cannot replace human decision-making on battlefield
‘Our own little Y2K’: LA County Sheriff's Department computer dispatch system crashes on New Year’s Eve
Nowhere to go but up: China’s farming drones take root as industry grows
China beats Starlink to hi-res space-ground laser transmission at 6G standard
Apple offers iPhone discounts in China as competition intensifies

Others Also Read