UK government shelves £1.3bn of tech and AI projects; scraps plans for first exascale supercomputer in Edinburgh
Decision comes after Chancellor asked government departments to find billions in savings
Decision comes after Chancellor asked government departments to find billions in savings
Scheme provides companies with access to technical and commercial help to secure private investment
New Labour government would class data centers as nationally important projects
Company says investment in AI is continuing to grow
Former Tyco CEO had led company since 2017, will remain in role until a successor is found
Investigation to determine if it counts as a defacto merger
Xantaro will source, build, and install street cabinets and exchange solutions for the altnet
The company's cell towers will support the two carriers' network
CFO and CCO to step in as interim leaders, successor to be named
Applicant Art Data Centres hopes to start construction in 2024
The CCPC wants to establish whether the acquisition harms competition
The merger is being scrutinized by the CMA currently
The battle of the clouds continues
Wants to improve AI inference
Three buildings proposed next to three planned Segro facilities
Will be matched by government funds
Hubs will be led by UK universities
Will see team using Google's cloud and AI technologies
Terms of the deal have not been disclosed
Upgrade will see data center offer 80kW of capacity
While data center electricity consumption jumped 20 percent in 2023
The network will still be around for some years though
Will deliver an initial 20MW of capacity
Dubbed a 'Mission-led AI and Simulation Supercomputing Centre'