{ "as_of": "2026-10-29", "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS)", "fx_url": "https://www.bankofengland.co.uk/boeapps/database/", "rows": [ { "id": "DEAL-DC-018", "date": "2026-10-18", "year": "2026", "kind": "major_contract", "company_text": "BIZ-DC-002 Nscale Loughton", "company_id": "BIZ-DC-002", "counterparty": "Microsoft", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Microsoft reported to have ended its Loughton agreement; grid power not expected until the 2030s.", "sources_text": "https://www.businessday.co.za/world/international-companies/2026-10-18-microsoft-pulls-out-of-uk-data-centre-project/ — \"recently terminated its agreement for the data centre in Loughton, Essex\"; https://www.networkworld.com/article/4238599/microsoft-exits-uk-ai-data-center-project-over-electricity-delays.html — \"relates to a single site\"", "source_urls": [ "https://www.businessday.co.za/world/international-companies/2026-10-18-microsoft-pulls-out-of-uk-data-centre-project/", "https://www.networkworld.com/article/4238599/microsoft-exits-uk-ai-data-center-project-over-electricity-delays.html" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-10-18", "date_sort": "2026-10-18", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CLD-002", "date": "2026-10-09", "year": "2026", "kind": "rename", "company_text": "BIZ-DC-001 Nscale (BIZ-CLD-030)", "company_id": "BIZ-DC-001", "counterparty": null, "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nscale re-registers from private limited company to plc (same event as DEAL-DC-017).", "sources_text": "https://find-and-update.company-information.service.gov.uk/company/16925886/filing-history — \"Certificate of re-registration from Private to Public Limited Company\"", "source_urls": [ "https://find-and-update.company-information.service.gov.uk/company/16925886/filing-history" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-10-09", "date_sort": "2026-10-09", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-DC-017", "date": "2026-10-09", "year": "2026", "kind": "rename", "company_text": "BIZ-DC-001 Nscale", "company_id": "BIZ-DC-001", "counterparty": null, "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nscale re-registered from private limited company to plc.", "sources_text": "https://find-and-update.company-information.service.gov.uk/company/16925886/filing-history — \"CERT5: Certificate of re-registration from Private to Public Limited Company\"", "source_urls": [ "https://find-and-update.company-information.service.gov.uk/company/16925886/filing-history" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "same_event_as": "DEAL-CLD-002", "date_text": "2026-10-09", "date_sort": "2026-10-09", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-X-033", "date": "2026-10-09", "year": "2026", "kind": "rename", "company_text": "Nscale (biz-nscale)", "company_id": "BIZ-DC-001", "counterparty": null, "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nscale's company (CH 16925886) re-registered from a private company to a public limited company, Nscale plc.", "sources_text": "https://find-and-update.company-information.service.gov.uk/company/16925886/filing-history — \"Certificate of re-registration from Private to Public Limited Company\"", "source_urls": [ "https://find-and-update.company-information.service.gov.uk/company/16925886/filing-history" ], "confidence": "single_source", "ledger": "sitewide", "page": "data-centres", "render": true, "same_event_as": "DEAL-CLD-002", "date_text": "2026-10-09", "date_sort": "2026-10-09", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CLD-001", "date": "2026-09-18", "year": "2026", "kind": "listing", "company_text": "BIZ-DC-001 Nscale (BIZ-CLD-029)", "company_id": "BIZ-DC-001", "counterparty": "US SEC / NYSE", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nscale files Form S-1 for a proposed IPO, to list on the NYSE as NSCL; not yet effective or priced.", "sources_text": "https://www.sec.gov/Archives/edgar/data/0002110365/000119312526395475/ck0002110365-20260918.htm — \"As filed with the Securities and Exchange Commission on September 18, 2026.\"; https://www.placera.se/pressmeddelanden/aker-aker-asa-nscale-files-registration-statement-for-proposed-initial-public-offering-20260918 — \"has filed a registration statement on Form S-1\"", "source_urls": [ "https://www.sec.gov/Archives/edgar/data/0002110365/000119312526395475/ck0002110365-20260918.htm", "https://www.placera.se/pressmeddelanden/aker-aker-asa-nscale-files-registration-statement-for-proposed-initial-public-offering-20260918" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-09-18", "date_sort": "2026-09-18", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-X-032", "date": "2026-09-18", "year": "2026", "kind": "listing", "company_text": "Nscale (biz-nscale)", "company_id": "BIZ-DC-001", "counterparty": null, "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nscale filed a registration statement on Form S-1 with the US SEC for a proposed initial public offering, as announced by its lead investor Aker ASA. Exchange, ticker and offering size not stated; Bloomberg-derived reports of a $3bn target were not confirmed.", "sources_text": "https://www.placera.se/pressmeddelanden/aker-aker-asa-nscale-files-registration-statement-for-proposed-initial-public-offering-20260918 (Aker ASA release) — \"has today announced that it has filed a registration statement on Form S-1\"", "source_urls": [ "https://www.placera.se/pressmeddelanden/aker-aker-asa-nscale-files-registration-statement-for-proposed-initial-public-offering-20260918" ], "confidence": "single_source", "ledger": "sitewide", "page": "data-centres", "render": true, "same_event_as": "DEAL-CLD-001", "date_text": "2026-09-18", "date_sort": "2026-09-18", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CLD-3003", "date": "2026-09-15", "year": "2026", "kind": "debt_financing", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "NVIDIA", "amount": null, "amount_text": "2100000000 + 1000000000", "currency": "USD", "valuation_reported": null, "summary": "Subscription agreement under which NVIDIA takes up to $3.1bn of Nscale convertible notes or shares. Buys or funds: $2.1bn of unsecured convertible loan notes, plus $1.0bn of unsecured convertible loan notes or non-voting shares.", "sources_text": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm — \"comprising of $2.1 billion of unsecured convertible loan notes\"", "source_urls": [ "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-09-15", "date_sort": "2026-09-15", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "2100000000 + 1000000000", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "2100000000 + 1000000000 USD", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-DC-2010", "date": "2026-09-01", "year": "2026", "kind": "investment_pledge", "company_text": "Pulsant", "company_id": "BIZ-DC-2038", "counterparty": null, "amount": 1000000, "amount_text": "1,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Upgrades and refurbishment at the Birmingham data centre for AI inference demand.", "sources_text": "https://www.pulsant.com/knowledge-hub/announcements/pulsant-unveils-1m-investment-in-birmingham-data-centre — \"Our platform is here to support inference AI workloads today\"", "source_urls": [ "https://www.pulsant.com/knowledge-hub/announcements/pulsant-unveils-1m-investment-in-birmingham-data-centre" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-09-01", "date_sort": "2026-09-01", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 1000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1m", "gbp_txt": "£1m", "show": true }, { "id": "DEAL-CLD-3001", "date": "2026-08-25", "year": "2026", "kind": "capacity_contract", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Anthropic", "amount": null, "amount_text": "up to 44600000000", "currency": "USD", "valuation_reported": null, "summary": "Anthropic services agreements dated 25 August 2026 provide for payments to Nscale of up to about $44.6bn. Buys or funds: GPU compute services; the S-1 says Nscale expects to fund the deployment these agreements need.", "sources_text": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm — \"The Anthropic Services Agreements provide for aggregate payments to us of up to approximately $44.6 billion.\"", "source_urls": [ "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-08-25", "date_sort": "2026-08-25", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "up to 44600000000", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "up to 44600000000 USD", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-3002", "date": "2026-08-24", "year": "2026", "kind": "capacity_contract", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Figure (Figure AI)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "GPU Services Agreement with Figure; the S-1 also says Nscale is making a strategic investment in Figure. Buys or funds: Up to 100,000 NVIDIA Vera Rubin GPUs.", "sources_text": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm — \"the potential to deploy up to 100,000 NVIDIA Vera Rubin GPUs\"", "source_urls": [ "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-08-24", "date_sort": "2026-08-24", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-DC-016", "date": "2026-08-18", "year": "2026", "kind": "funding_round", "company_text": "BIZ-DC-014 DataVita", "company_id": "BIZ-DC-014", "counterparty": "National Wealth Fund (guarantee); ING, ABN AMRO, Santander, Scottish National Investment Bank, Siemens Financial Services", "amount": 300000000, "amount_text": "300000000", "currency": "GBP", "valuation_reported": null, "summary": "Debt facility of about £300m, unlocked by a £202m NWF guarantee, to expand DV1 and build DV3.", "sources_text": "https://www.nationalwealthfund.org.uk/news-and-publications/news/datavita-secures-300-million-for-data-centre-rollout-in-scotland-s-ai-growth-zone-with-backing-from-national-wealth-fund-and-major-lenders/ — \"£202 million financial guarantee\"; https://blog.datavita.co.uk/blog/datavita-secures-funding-data-centre-expansion — \"fund the construction of a new data centre, DV3.\"", "source_urls": [ "https://www.nationalwealthfund.org.uk/news-and-publications/news/datavita-secures-300-million-for-data-centre-rollout-in-scotland-s-ai-growth-zone-with-backing-from-national-wealth-fund-and-major-lenders/", "https://blog.datavita.co.uk/blog/datavita-secures-funding-data-centre-expansion" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-08-18", "date_sort": "2026-08-18", "before_ledger_start": false, "amount_gbp": 300000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£300m", "gbp_txt": "£300m", "show": true }, { "id": "DEAL-INV-007", "date": "2026-08-18", "year": "2026", "kind": "major_contract", "company_text": "DataVita (BIZ-DC-014)", "company_id": "BIZ-DC-014", "counterparty": "National Wealth Fund (guarantee); ING, ABN AMRO, Santander, Scottish National Investment Bank, Siemens Financial Services", "amount": 202000000, "amount_text": "202000000", "currency": "GBP", "valuation_reported": null, "summary": "NWF guarantee of £202m on DataVita's data-centre debt; NWF's first support for domestic compute", "sources_text": "https://www.nationalwealthfund.org.uk/news-and-publications/news/datavita-secures-300-million-for-data-centre-rollout-in-scotland-s-ai-growth-zone-with-backing-from-national-wealth-fund-and-major-lenders/ — \"£202 million financial guarantee\"", "source_urls": [ "https://www.nationalwealthfund.org.uk/news-and-publications/news/datavita-secures-300-million-for-data-centre-rollout-in-scotland-s-ai-growth-zone-with-backing-from-national-wealth-fund-and-major-lenders/" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-08-18", "date_sort": "2026-08-18", "before_ledger_start": false, "amount_gbp": 202000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£202m", "gbp_txt": "£202m", "show": true }, { "id": "DEAL-DC-2001", "date": "2026-08-18", "year": "2026", "kind": "funding_round", "company_text": "DataVita", "company_id": "BIZ-DC-014", "counterparty": "National Wealth Fund (guarantee); ING, ABN AMRO, Santander (lenders)", "amount": 300000000, "amount_text": "300,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Debt package to expand DV1 and build a second data centre in the Lanarkshire AI Growth Zone; NWF guarantees £202m.", "sources_text": "https://www.gov.uk/government/news/lanarkshire-ai-growth-zone-secures-300-million-investment-as-dell-establishes-scottish-base — \"There is plenty of talk about AI infrastructure just now.\"", "source_urls": [ "https://www.gov.uk/government/news/lanarkshire-ai-growth-zone-secures-300-million-investment-as-dell-establishes-scottish-base" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-08-18", "date_sort": "2026-08-18", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 300000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£300m", "gbp_txt": "£300m", "show": true }, { "id": "DEAL-DC-015", "date": "2026-08-13", "year": "2026", "kind": "major_contract", "company_text": "BIZ-DC-017 Vantage CWL1", "company_id": "BIZ-DC-017", "counterparty": "Nebius", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nebius to lease AI capacity at Vantage's Newport campus; first commercial commitment in the South Wales AIGZ.", "sources_text": "https://vantage-dc.com/news/vantage-data-centers-and-nebius-expand-uk-ai-infrastructure-with-first-deployment-in-south-wales-ai-growth-zone/ — \"more than 1GW of AI-ready capacity across Newport, Bridgend and Bro Tathan\"", "source_urls": [ "https://vantage-dc.com/news/vantage-data-centers-and-nebius-expand-uk-ai-infrastructure-with-first-deployment-in-south-wales-ai-growth-zone/" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-08-13", "date_sort": "2026-08-13", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CLD-4020", "date": "2026-06-12", "year": "2026", "kind": "investment_pledge", "company_text": "BIZ-DC-021 Ark Longcross Park campus, Surrey / BIZ-DC-020 Ark Data Centres", "company_id": "BIZ-DC-021", "counterparty": "Ark", "amount": 807000000, "amount_text": "807000000", "currency": "GBP", "valuation_reported": null, "summary": "Ark announced £807m to expand the Surrey campus that hosts Nebius's UK GPUs. Buys or funds: Longcross Park expansion including a further data centre with 36MW of future capacity; supports Nebius's GPU deployment.", "sources_text": "https://www.gov.uk/government/news/britain-powers-ahead-on-ai-with-billions-of-pounds-of-new-investment-and-thousands-of-jobs-secured-as-london-tech-week-wraps-up — \"British unicorn Ark has announced an investment of £807m in the expansion of its Longcross Park campus\"", "source_urls": [ "https://www.gov.uk/government/news/britain-powers-ahead-on-ai-with-billions-of-pounds-of-new-investment-and-thousands-of-jobs-secured-as-london-tech-week-wraps-up" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-06-12", "date_sort": "2026-06-12", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 807000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£807m", "gbp_txt": "£807m", "show": true, "round6": true }, { "id": "DEAL-DC-031", "date": "2026-06-08", "year": "2026", "kind": "investment_pledge", "company_text": "BIZ-DC-026 Nebius UK build-out", "company_id": "BIZ-DC-026", "counterparty": "Nebius", "amount": 1700000000, "amount_text": "1700000000", "currency": "GBP", "valuation_reported": null, "summary": "Nebius invests about £1.7bn in UK capacity at four sites, 65MW by 2027.", "sources_text": "https://nebius.com/newsroom/nebius-expands-in-uk-with-more-nvidia-powered-infrastructure-more-customers-and-more-cloud-capabilities-for-agentic-and-enterprise-ai — \"investing approximately £1.7 billion to build out capacity in the UK\"", "source_urls": [ "https://nebius.com/newsroom/nebius-expands-in-uk-with-more-nvidia-powered-infrastructure-more-customers-and-more-cloud-capabilities-for-agentic-and-enterprise-ai" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-06-08", "date_sort": "2026-06-08", "before_ledger_start": false, "amount_gbp": 1700000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.70bn", "gbp_txt": "£1.70bn", "show": true }, { "id": "DEAL-DC-014", "date": "2026-06-08", "year": "2026", "kind": "major_contract", "company_text": "BIZ-DC-005 Kao Data Harlow", "company_id": "BIZ-DC-005", "counterparty": "Nebius", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nebius signs a 22MW, ten-year agreement at Harlow.", "sources_text": "https://kaodata.com/discover/news/nebius-chooses-kao-datas-harlow-campus-for-major-ai-infrastructure-deployment/ — \"The 22MW, 10-year agreement will support AI innovation\"; https://www.hpcwire.com/aiwire/2026/06/09/nebius-chooses-kao-datas-harlow-campus-for-major-ai-infrastructure-deployment/ — \"The 22MW, 10-year agreement\"", "source_urls": [ "https://kaodata.com/discover/news/nebius-chooses-kao-datas-harlow-campus-for-major-ai-infrastructure-deployment/", "https://www.hpcwire.com/aiwire/2026/06/09/nebius-chooses-kao-datas-harlow-campus-for-major-ai-infrastructure-deployment/" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-06-08", "date_sort": "2026-06-08", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-INV-2046", "date": "2026-05-15", "year": "2026", "kind": "funding_round", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Ardent, 8VC", "amount": null, "amount_text": "580m", "currency": "GBP", "valuation_reported": null, "summary": "Nscale (AI cloud infrastructure) raised £580m (Growth), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-isomorphic-labs-to-h2chp-20260515 — \"provides AI cloud infrastructure\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-isomorphic-labs-to-h2chp-20260515" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-05-15 (week ending)", "date_sort": "2026-05-15", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "580m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "580m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-CLD-3011", "date": "2026-05-05", "year": "2026", "kind": "capacity_contract", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Microsoft", "amount": null, "amount_text": "695000000 (Nscale's own spend: €230m shared infrastructure plus €465m second building)", "currency": "EUR", "valuation_reported": null, "summary": "Nscale will deliver 66,000+ Rubin GPUs to Microsoft in Portugal. Buys or funds: More than 66,000 NVIDIA Rubin GPUs (Vera Rubin NVL72) in a new 200MW building (SIN02) at SINES Data Campus, Portugal, from late 2027; adds to about 12,600 Grace Blackwell Ultra GPUs already planned there. Other investors: Start Campus (site operator).", "sources_text": "https://www.nscale.com/press-releases/nscale-start-campus — \"with 66,000+ NVIDIA Rubin GPUs, starting in late 2027\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-start-campus" ], "confidence": "verified", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-05-05", "date_sort": "2026-05-05", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "695000000 (Nscale's own spend: €230m shared infrastructure plus €465m second building)", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "695000000 (Nscale's own spend: €230m shared infrastructure plus €465m second building) EUR", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-DC-030", "date": "2026-04-23", "year": "2026", "kind": "major_contract", "company_text": "BIZ-DC-025 Nscale at BT sites", "company_id": "BIZ-DC-025", "counterparty": "BT", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nscale and BT plan up to 14MW of AI data-centre capacity at three BT sites.", "sources_text": "https://www.nscale.com/press-releases/nscale-and-bt — \"up to 14 megawatts of AI data centre infrastructure\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-and-bt" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-04-23", "date_sort": "2026-04-23", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CLD-3012", "date": "2026-04-14", "year": "2026", "kind": "capacity_contract", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Microsoft", "amount": null, "amount_text": "not disclosed", "currency": null, "valuation_reported": null, "summary": "Expanded Microsoft agreement for Rubin GPUs in Norway. Buys or funds: More than 30,000 NVIDIA Rubin GPUs at the 230MW Nscale Narvik campus, Norway; delivery in 2027; managed solely by Nscale.", "sources_text": "https://www.nscale.com/press-releases/nscale-microsoft-norway — \"the 230 MW Nscale Narvik campus will add more than 30,000 NVIDIA Rubin GPUs in deployment\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-microsoft-norway" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-04-14", "date_sort": "2026-04-14", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "not disclosed", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "not disclosed", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-DC-013", "date": "2026-04-09", "year": "2026", "kind": "pause", "company_text": "BIZ-DC-003 Stargate UK at Cobalt Park", "company_id": "BIZ-DC-003", "counterparty": "OpenAI", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "OpenAI pauses Stargate UK, citing energy costs and regulation.", "sources_text": "https://news.bloomberglaw.com/artificial-intelligence/openai-pauses-stargate-uk-data-center-effort-citing-energy-costs — \"we continue to explore Stargate UK\"; https://datacentrereview.com/2026/04/openai-puts-stargate-uk-on-pause-cites-high-energy-costs/ — \"paused its Stargate infrastructure project in the UK.\"", "source_urls": [ "https://news.bloomberglaw.com/artificial-intelligence/openai-pauses-stargate-uk-data-center-effort-citing-energy-costs", "https://datacentrereview.com/2026/04/openai-puts-stargate-uk-on-pause-cites-high-energy-costs/" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-04-09", "date_sort": "2026-04-09", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-DC-012", "date": "2026-03-16", "year": "2026", "kind": "investment_pledge", "company_text": "BIZ-DC-011 Sunrise, Culham", "company_id": "BIZ-DC-011", "counterparty": "DESNZ", "amount": 45000000, "amount_text": "45000000", "currency": "GBP", "valuation_reported": null, "summary": "Government funds a 1.4MW AI supercomputer at Culham.", "sources_text": "https://www.gov.uk/government/news/45m-for-uks-first-ai-supercomputer-to-accelerate-fusion-energy — \"The UK government is investing £45 million for a 1.4MW\"", "source_urls": [ "https://www.gov.uk/government/news/45m-for-uks-first-ai-supercomputer-to-accelerate-fusion-energy" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-03-16", "date_sort": "2026-03-16", "before_ledger_start": false, "amount_gbp": 45000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£45m", "gbp_txt": "£45m", "show": true }, { "id": "DEAL-CLD-3010", "date": "2026-03-16", "year": "2026", "kind": "capacity_contract", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Microsoft (letter of intent)", "amount": null, "amount_text": "not disclosed", "currency": null, "valuation_reported": null, "summary": "Microsoft signed a letter of intent for 1.35GW at Nscale's West Virginia campus. Buys or funds: 1.35GW of NVIDIA Vera Rubin NVL72 compute at the Monarch Compute Campus, Mason County, West Virginia (up to 2,250 acres, bought through AIPCorp); tranches from late 2027. Other investors: NVIDIA (Vera Rubin, DSX design); Caterpillar (G3500 gas generator sets, 2GW of on-site power).", "sources_text": "https://www.nscale.com/press-releases/nscale-west-virginia-ai-factory — \"The Monarch Compute Campus will build on Nscale's current capacity of over 1GW.\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-west-virginia-ai-factory" ], "confidence": "verified", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-03-16", "date_sort": "2026-03-16", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "not disclosed", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "not disclosed", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-4018", "date": "2026-03-16", "year": "2026", "kind": "investment_pledge", "company_text": "BIZ-DC-001 Nscale", "company_id": "BIZ-DC-001", "counterparty": "NVIDIA", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nscale said it would bring over 100,000 NVIDIA Vera Rubin-generation GPUs to Europe from 2027, including UK sites. Buys or funds: Over 100,000 NVIDIA Vera Rubin NVL72 and Grace Blackwell GPUs for European customers, deployed across UK and Norway sites in 2027; Microsoft named anchor customer.", "sources_text": "https://www.nscale.com/press-releases/nscale-nvidia-vera-rubin — \"they will be deployed across our sites in the UK, Norway and beyond\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-nvidia-vera-rubin" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-03-16", "date_sort": "2026-03-16", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-INV-2061", "date": "2026-03-13", "year": "2026", "kind": "funding_round", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Aker ASA, 8090 Industries, Nvidia, Dell Technologies and others", "amount": null, "amount_text": "1.5bn", "currency": "GBP", "valuation_reported": null, "summary": "Nscale (AI data centres and cloud) raised £1.5bn (Series C), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/news/uk-tech-funding-roundup-this-weeks-deals-from-nscale-to-combat-medical-20260313 — \"Nscale is a hyperscaler that develops data centres specialised for AI.\" (trade)", "source_urls": [ "https://www.uktech.news/news/uk-tech-funding-roundup-this-weeks-deals-from-nscale-to-combat-medical-20260313" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-03-13 (week ending)", "date_sort": "2026-03-13", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "1.5bn", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "1.5bn GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-DC-029", "date": "2026-03-12", "year": "2026", "kind": "investment_pledge", "company_text": "BIZ-DC-038 Elsham Tech Park", "company_id": "BIZ-DC-038", "counterparty": "Elsham Tech Park Ltd (Greystoke)", "amount": 10000000000, "amount_text": "10000000000", "currency": "GBP", "valuation_reported": null, "summary": "North Lincolnshire approves up to 1GW AI campus at Elsham; up to £10bn private investment (article date; decision date not given).", "sources_text": "https://datacentrereview.com/2026/03/north-lincolnshire-approves-plans-for-major-ai-data-centre-campus/ — \"up to £10 billion of private investment\"; https://computerweekly.com/news/366639995/Enormous-AI-growth-zone-datacentre-gets-planning-approval — \"Its planned 15 data halls will draw 1GW of electricity\"", "source_urls": [ "https://datacentrereview.com/2026/03/north-lincolnshire-approves-plans-for-major-ai-data-centre-campus/", "https://computerweekly.com/news/366639995/Enormous-AI-growth-zone-datacentre-gets-planning-approval" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-03-12", "date_sort": "2026-03-12", "before_ledger_start": false, "amount_gbp": 10000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£10bn", "gbp_txt": "£10bn", "show": true }, { "id": "DEAL-DC-2009", "date": "2026-02-09", "year": "2026", "kind": "investment_pledge", "company_text": "Pulsant", "company_id": "BIZ-DC-2038", "counterparty": null, "amount": 10000000, "amount_text": "10,000,000", "currency": "GBP", "valuation_reported": null, "summary": "1.2MW high-density data hall expansion at Milton Keynes.", "sources_text": "https://www.pulsant.com/knowledge-hub/announcements/uk-data-centre-operator-launches-high-density-facility-outside-london — \"Milton Keynes is a great option compared to constrained and costly London datacentres\"", "source_urls": [ "https://www.pulsant.com/knowledge-hub/announcements/uk-data-centre-operator-launches-high-density-facility-outside-london" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-02-09", "date_sort": "2026-02-09", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 10000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£10m", "gbp_txt": "£10m", "show": true }, { "id": "DEAL-CLD-6015", "date": "2026-02", "year": "2026", "kind": "capacity_contract", "company_text": "DataVita", "company_id": "BIZ-DC-014", "counterparty": "UCL (customer)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Scottish data-centre firm to host UCL's national compute resource. Buys or funds: Hosting of Charger at DataVita's Lanarkshire campus.", "sources_text": "https://www.ucl.ac.uk/news/2026/feb/ucl-host-ps195m-supercomputing-facility — \"The system will be hosted with DataVita, which provides market-leading capability to support high-density\"; https://www.datacenterdynamics.com/en/news/scotlands-datavita-to-host-supercomputer-for-londons-ucl/ (trade) — \"The HPE/Cray-based Charger system will comprise more than 37,000 CPU cores.\"", "source_urls": [ "https://www.ucl.ac.uk/news/2026/feb/ucl-host-ps195m-supercomputing-facility", "https://www.datacenterdynamics.com/en/news/scotlands-datavita-to-host-supercomputer-for-londons-ucl/" ], "confidence": "verified", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-02", "date_sort": "2026-02-00", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-DC-011", "date": "2026-01-29", "year": "2026", "kind": "investment_pledge", "company_text": "BIZ-DC-015 Lanarkshire AIGZ", "company_id": "BIZ-DC-015", "counterparty": "DataVita; CoreWeave", "amount": 8200000000, "amount_text": "8200000000", "currency": "GBP", "valuation_reported": null, "summary": "Lanarkshire named AI Growth Zone; £8.2bn private investment zone-wide.", "sources_text": "https://questions-statements.parliament.uk/written-statements/1876468 — \"will crowd in £8.2 billion in private investment\"; https://www.northlanarkshire.gov.uk/news/plans-welcomed-north-lanarkshire-become-one-worlds-most-advanced-ai-sites — \"£8.2 billion investment\"", "source_urls": [ "https://questions-statements.parliament.uk/written-statements/1876468", "https://www.northlanarkshire.gov.uk/news/plans-welcomed-north-lanarkshire-become-one-worlds-most-advanced-ai-sites" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-01-29", "date_sort": "2026-01-29", "before_ledger_start": false, "amount_gbp": 8200000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£8.20bn", "gbp_txt": "£8.20bn", "show": true }, { "id": "DEAL-DC-010", "date": "2026-01-26", "year": "2026", "kind": "investment_pledge", "company_text": "BIZ-DC-010 Dawn", "company_id": "BIZ-DC-010", "counterparty": "UK Government", "amount": 36000000, "amount_text": "36000000", "currency": "GBP", "valuation_reported": null, "summary": "Government funds sixfold expansion of Dawn with AMD MI355X GPUs.", "sources_text": "https://www.gov.uk/government/news/cambridge-supercomputer-set-to-get-6-times-more-powerful-as-government-backs-british-ai-innovation — \"£36 million investment\"", "source_urls": [ "https://www.gov.uk/government/news/cambridge-supercomputer-set-to-get-6-times-more-powerful-as-government-backs-british-ai-innovation" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2026-01-26", "date_sort": "2026-01-26", "before_ledger_start": false, "amount_gbp": 36000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£36m", "gbp_txt": "£36m", "show": true }, { "id": "DEAL-CLD-6042", "date": "2026-01-26", "year": "2026", "kind": "gpu_purchase", "company_text": "Dawn", "company_id": "BIZ-DC-010", "counterparty": "AMD (BIZ-BIG-2012)", "amount": null, "amount_text": "— (inside £36m, DEAL-CLD-2025)", "currency": null, "valuation_reported": null, "summary": "First AMD MI355X access for AIRR researchers; capacity from Spring 2026. Buys or funds: AMD Instinct MI355X in Dell PowerEdge servers. Other investors: Dell Technologies (BIZ-BIG-2032); StackHPC (BIZ-CLD-2081).", "sources_text": "https://www.gov.uk/government/news/cambridge-supercomputer-set-to-get-6-times-more-powerful-as-government-backs-british-ai-innovation — \"will also get access to AMD Instinct's latest MI355X GPUs\"", "source_urls": [ "https://www.gov.uk/government/news/cambridge-supercomputer-set-to-get-6-times-more-powerful-as-government-backs-british-ai-innovation" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-01-26", "date_sort": "2026-01-26", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "— (inside £36m, DEAL-CLD-2025)", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "— (inside £36m, DEAL-CLD-2025)", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-2004", "date": "2026", "year": "2026", "kind": "funding_round", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Aker ASA and 8090 Industries (leads)", "amount": 2000000000, "amount_text": "2000000000", "currency": "USD", "valuation_reported": null, "summary": "Series C at a $14.6bn valuation, including a pre-Series C SAFE.", "sources_text": "https://www.datacenterdynamics.com/en/news/nscale-raises-2bn-in-series-c-funding-at-146bn-valuation/ (trade) — \"UK-based AI cloud Nscale has raised $2bn in its Series C funding round.\"", "source_urls": [ "https://www.datacenterdynamics.com/en/news/nscale-raises-2bn-in-series-c-funding-at-146bn-valuation/" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026", "date_sort": "2026-00-00", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 1486878299, "fx_rate": 1.3451, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3451 per £ on 2025-12-31", "fx_date": "2025-12-31", "fx_note": "year only given: rate for 1 January", "txt": "US$2bn", "gbp_txt": "£1.49bn", "show": true }, { "id": "DEAL-CLD-2005", "date": "2026", "year": "2026", "kind": "funding_round", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Pimco; Blue Owl; LuminArx Capital Management (lenders)", "amount": 1400000000, "amount_text": "1400000000", "currency": "USD", "valuation_reported": null, "summary": "GPU-backed delayed draw term loan reported alongside the Series C.", "sources_text": "https://www.datacenterdynamics.com/en/news/nscale-raises-2bn-in-series-c-funding-at-146bn-valuation/ (trade) — \"UK-based AI cloud Nscale has raised $2bn in its Series C funding round.\"", "source_urls": [ "https://www.datacenterdynamics.com/en/news/nscale-raises-2bn-in-series-c-funding-at-146bn-valuation/" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026", "date_sort": "2026-00-00", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 1040814809, "fx_rate": 1.3451, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3451 per £ on 2025-12-31", "fx_date": "2025-12-31", "fx_note": "year only given: rate for 1 January", "txt": "US$1.40bn", "gbp_txt": "£1.04bn", "show": true }, { "id": "DEAL-CLD-4016", "date": "2025-12-15", "year": "2025", "kind": "acquisition", "company_text": "BIZ-DC-001 Nscale", "company_id": "BIZ-DC-001", "counterparty": "Future-tech (data-centre design, build and management consultancy)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nscale bought data-centre engineering firm Future-tech to speed up building its sites. Buys or funds: About 60 staff: designers, engineers, project managers and operators; price not disclosed; Future-tech described as \"Based in Europe\".", "sources_text": "https://www.nscale.com/press-releases/nscale-acquires-future-tech — \"Based in Europe and known for specialist technical data center design, build and management services\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-acquires-future-tech" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-12-15", "date_sort": "2025-12-15", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-DC-027", "date": "2025-11-20", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-DC-033 Groq UK data centre", "company_id": "BIZ-DC-033", "counterparty": "Groq", "amount": 100000000, "amount_text": "100000000", "currency": "GBP", "valuation_reported": null, "summary": "Groq to open its first UK data centre in London, backed by about £100m; launched with Equinix (reported 2026-02-16).", "sources_text": "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"backed by around £100 million\"; https://groq.com/blog/groqcloud-expanding-to-meet-demand — \"in partnership with Equinix\"", "source_urls": [ "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation", "https://groq.com/blog/groqcloud-expanding-to-meet-demand" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "amount_gbp": 100000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£100m", "gbp_txt": "£100m", "show": true }, { "id": "DEAL-DC-028", "date": "2025-11-20", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-DC-028 AI Pathfinder Northamptonshire", "company_id": "BIZ-DC-028", "counterparty": "AI Pathfinder", "amount": 150000000, "amount_text": "150000000", "currency": "GBP", "valuation_reported": null, "summary": "GOV.UK: AI Pathfinder fast-tracks a £150m GPU deployment in Northamptonshire, first step of an £18bn programme.", "sources_text": "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"AI Pathfinder is fast-tracking UK sovereign AI with £150 million GPU deployment in Northamptonshire\"", "source_urls": [ "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "amount_gbp": 150000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£150m", "gbp_txt": "£150m", "show": true }, { "id": "DEAL-DC-009", "date": "2025-11-20", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-DC-016 Vantage Data Centers (UK)", "company_id": "BIZ-DC-016", "counterparty": "Microsoft; UK Government", "amount": 10000000000, "amount_text": "10000000000", "currency": "GBP", "valuation_reported": null, "summary": "South Wales AI Growth Zone named with Vantage and Microsoft; £10bn zone-wide.", "sources_text": "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"£10 billion of investment will unlock at least 5,000 jobs\"", "source_urls": [ "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "amount_gbp": 10000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£10bn", "gbp_txt": "£10bn", "show": true }, { "id": "DEAL-BIG-2035", "date": "2025-11-20", "year": "2025", "kind": "investment_pledge", "company_text": "Equinix", "company_id": "BIZ-DC-030", "counterparty": null, "amount": 4000000000, "amount_text": "4,000,000,000", "currency": "GBP", "valuation_reported": null, "summary": "£4bn to build and run a data centre campus in Hertfordshire.", "sources_text": "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"£4 billion commitment to constructing and operating a high-performance data centre campus in Hertfordshire.\"", "source_urls": [ "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation" ], "confidence": "single_source", "ledger": "page", "page": "big-tech", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 4000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£4bn", "gbp_txt": "£4bn", "show": true }, { "id": "DEAL-BIG-2037", "date": "2025-11-20", "year": "2025", "kind": "investment_pledge", "company_text": "Vantage Data Centers", "company_id": "BIZ-DC-016", "counterparty": "South Wales AI Growth Zone (with Microsoft)", "amount": 10000000000, "amount_text": "10,000,000,000", "currency": "GBP", "valuation_reported": null, "summary": "£10bn for the South Wales AI Growth Zone, unlocking at least 5,000 jobs.", "sources_text": "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"£10 billion of investment will unlock at least 5,000 jobs\"", "source_urls": [ "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation" ], "confidence": "single_source", "ledger": "page", "page": "big-tech", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 10000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£10bn", "gbp_txt": "£10bn", "show": true }, { "id": "DEAL-DC-2003", "date": "2025-11-20", "year": "2025", "kind": "investment_pledge", "company_text": "Equinix (UK)", "company_id": "BIZ-DC-030", "counterparty": null, "amount": 4000000000, "amount_text": "4,000,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Commitment to build and run the Hertfordshire data-centre campus.", "sources_text": "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"£4 billion commitment to constructing and operating a high-performance data centre campus\"", "source_urls": [ "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 4000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£4bn", "gbp_txt": "£4bn", "show": true }, { "id": "DEAL-DC-2004", "date": "2025-11-20", "year": "2025", "kind": "investment_pledge", "company_text": "Vantage Data Centers (UK) and Microsoft", "company_id": null, "counterparty": null, "amount": 10000000000, "amount_text": "10,000,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Investment linked to the South Wales AI Growth Zone, Newport to Bridgend.", "sources_text": "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"potential to harness over 1GW by early 2030s\"", "source_urls": [ "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 10000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£10bn", "gbp_txt": "£10bn", "show": true }, { "id": "DEAL-DC-2005", "date": "2025-11-20", "year": "2025", "kind": "investment_pledge", "company_text": "Groq (UK data centre)", "company_id": "BIZ-DC-032", "counterparty": null, "amount": null, "amount_text": "100,000,000 (about)", "currency": "GBP", "valuation_reported": null, "summary": "About £100m for Groq's first UK data centre in London.", "sources_text": "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"will be opening its first UK data centre in London this year\"", "source_urls": [ "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "100,000,000 (about)", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "100,000,000 (about) GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-DC-2006", "date": "2025-11-20", "year": "2025", "kind": "investment_pledge", "company_text": "AI Pathfinder", "company_id": "BIZ-DC-027", "counterparty": null, "amount": 150000000, "amount_text": "150,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Initial GPU deployment in Northamptonshire, part of £18bn over five years.", "sources_text": "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"£150 million GPU deployment in Northamptonshire\"", "source_urls": [ "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 150000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£150m", "gbp_txt": "£150m", "show": true }, { "id": "DEAL-DC-2007", "date": "2025-11-20", "year": "2025", "kind": "investment_pledge", "company_text": "Zoom", "company_id": null, "counterparty": null, "amount": 24000000, "amount_text": "24,000,000", "currency": "GBP", "valuation_reported": null, "summary": "£24m over three years, including a new UK data centre planned for 2026.", "sources_text": "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"plans to open a new UK data centre in 2026\"", "source_urls": [ "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 24000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£24m", "gbp_txt": "£24m", "show": true }, { "id": "DEAL-CLD-3014", "date": "2025-11-20", "year": "2025", "kind": "capacity_contract", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Verne", "amount": null, "amount_text": "not disclosed", "currency": null, "valuation_reported": null, "summary": "Nscale took 15MW at Verne in Iceland. Buys or funds: About 4,600 NVIDIA Blackwell Ultra GPUs, 15MW, at Verne's Icelandic campus, deployed during 2026; 85% liquid-cooled.", "sources_text": "https://www.nscale.com/press-releases/nscale-and-verne — \"approximately 4,600 NVIDIA Blackwell Ultra GPUs for deployment across Verne's Icelandic campus in 2026\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-and-verne" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "not disclosed", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "not disclosed", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-DC-2008", "date": "2025-11-10", "year": "2025", "kind": "investment_pledge", "company_text": "Pulsant", "company_id": "BIZ-DC-2038", "counterparty": null, "amount": 4500000, "amount_text": "4,500,000", "currency": "GBP", "valuation_reported": null, "summary": "Further investment in Manchester data centre: 300kW more IT capacity and a 320 sq m Data Hall 4 expansion.", "sources_text": "https://www.pulsant.com/knowledge-hub/announcements/pulsant-invests-4.5m-into-platformedge-in-manchester-data-centre — \"For regional businesses to thrive, they need access to a high bandwidth, low latency interconnection network.\"", "source_urls": [ "https://www.pulsant.com/knowledge-hub/announcements/pulsant-invests-4.5m-into-platformedge-in-manchester-data-centre" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-11-10", "date_sort": "2025-11-10", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 4500000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£4.5m", "gbp_txt": "£4.5m", "show": true }, { "id": "DEAL-DC-008", "date": "2025-11-06", "year": "2025", "kind": "major_contract", "company_text": "BIZ-DC-021 Ark Longcross", "company_id": "BIZ-DC-021", "counterparty": "Nebius", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nebius launches its first UK NVIDIA Blackwell Ultra cluster; DCD places it at Ark's Longcross (initial 4,000 GPUs).", "sources_text": "https://nebius.com/newsroom/nebius-ai-cloud-arrives-in-uk-with-one-of-the-country-s-first-advanced-nvidia-ai-infrastructure-deployments — \"at a state-of-the-art facility in the London area\"; https://www.datacenterdynamics.com/en/news/nebius-to-host-uk-nvidia-blackwell-ultra-gpu-cluster-in-ark-data-centres-facility-in-surrey/ — \"expected to be operational by Q4 2025\"", "source_urls": [ "https://nebius.com/newsroom/nebius-ai-cloud-arrives-in-uk-with-one-of-the-country-s-first-advanced-nvidia-ai-infrastructure-deployments", "https://www.datacenterdynamics.com/en/news/nebius-to-host-uk-nvidia-blackwell-ultra-gpu-cluster-in-ark-data-centres-facility-in-surrey/" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-11-06", "date_sort": "2025-11-06", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-DC-2014", "date": "2025-11-04", "year": "2025", "kind": "investment_pledge", "company_text": "Colt Data Centre Services (Colt DCS)", "company_id": "BIZ-DC-2089", "counterparty": null, "amount": 2500000000, "amount_text": "2,500,000,000", "currency": "GBP", "valuation_reported": null, "summary": "£2.5bn to expand the Hayes Digital Park hyperscale campus to 160MW, after Hillingdon Council's resolution to grant planning.", "sources_text": "https://www.coltdatacentres.net/en-GB/press-releases/data-centres/2025/11/colt-dcs-london-hayes-expansion — \"Data centres are a cornerstone of digital transformation.\"", "source_urls": [ "https://www.coltdatacentres.net/en-GB/press-releases/data-centres/2025/11/colt-dcs-london-hayes-expansion" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-11-04", "date_sort": "2025-11-04", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 2500000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2.50bn", "gbp_txt": "£2.50bn", "show": true }, { "id": "DEAL-DC-026", "date": "2025-10-30", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-DC-031 Equinix Hertfordshire Campus", "company_id": "BIZ-DC-031", "counterparty": "Equinix", "amount": 3900000000, "amount_text": "3900000000", "currency": "GBP", "valuation_reported": null, "summary": "Equinix announces £3.9bn UK investment, including an 85-acre, 250+MW Hertfordshire campus.", "sources_text": "https://newsroom.equinix.com/2025-10-30-Equinix-to-invest-GBP3-9-billion-in-UKs-critical-national-infrastructure-in-boost-to-countrys-economy — \"250+MW of compute capacity\"; https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"£4 billion commitment\"", "source_urls": [ "https://newsroom.equinix.com/2025-10-30-Equinix-to-invest-GBP3-9-billion-in-UKs-critical-national-infrastructure-in-boost-to-countrys-economy", "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-10-30", "date_sort": "2025-10-30", "before_ledger_start": false, "amount_gbp": 3900000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£3.90bn", "gbp_txt": "£3.90bn", "show": true }, { "id": "DEAL-CLD-3009", "date": "2025-10-15", "year": "2025", "kind": "capacity_contract", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Microsoft", "amount": null, "amount_text": "not disclosed", "currency": null, "valuation_reported": null, "summary": "Nscale contracted about 200,000 GB300 GPUs with Microsoft across Europe and the US, including the Loughton supercomputer. Buys or funds: About 200,000 NVIDIA GB300 GPUs in four countries: Texas about 104,000 (about 240MW campus, phased from Q3 2026; Microsoft option on a 700MW second phase from late 2027); Sines, Portugal about 12,600 (from Q1 2026); Loughton, UK about 23,000 (50MW scalable to 90MW, from Q1 2027); Narvik, Norway about 52,000 (through the Aker–Nscale joint venture).", "sources_text": "https://www.nscale.com/press-releases/nscale-microsoft-2025 — \"The 50MW facility, scalable to 90MW, will house approximately 23,000 NVIDIA GB300 GPUs\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-microsoft-2025" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-10-15", "date_sort": "2025-10-15", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "not disclosed", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "not disclosed", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-INV-2078", "date": "2025-10-03", "year": "2025", "kind": "funding_round", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Nvidia, Fidelity Investments, Aker ASA, Dell Technologies Capital and others", "amount": null, "amount_text": "320m", "currency": "GBP", "valuation_reported": null, "summary": "Nscale (AI data centres and cloud) raised £320m (Pre-Series C SAFE), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-nscale-to-chalkie-20251003 — \"Nscale builds and operates infrastructure for AI workloads.\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-nscale-to-chalkie-20251003" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2025-10-03 (week ending)", "date_sort": "2025-10-03", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "320m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "320m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-X-017", "date": "2025-10-01", "year": "2025", "kind": "funding_round", "company_text": "Nscale (biz-nscale)", "company_id": "BIZ-DC-001", "counterparty": "Blue Owl Managed Funds, Dell, NVIDIA, Nokia (named investors; no lead stated)", "amount": 433000000, "amount_text": "433000000", "currency": "USD", "valuation_reported": null, "summary": "Nscale closed a $433m pre-Series C SAFE (a convertible instrument) six days after its Series B.", "sources_text": "https://www.nscale.com/press-releases/nscale-pre-series-c-safe — \"Backed by key investors such as Blue Owl Managed Funds, Dell, NVIDIA and Nokia,\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-pre-series-c-safe" ], "confidence": "single_source", "ledger": "sitewide", "page": "data-centres", "render": true, "same_event_as": "DEAL-X-016", "date_text": "2025-10-01", "date_sort": "2025-10-01", "before_ledger_start": false, "amount_gbp": 320574517, "fx_rate": 1.3507, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3507 per £ on 2025-10-01", "fx_date": "2025-10-01", "fx_note": "", "txt": "US$433m", "gbp_txt": "£320.6m", "show": true }, { "id": "DEAL-CLD-2026", "date": "2025-10-01", "year": "2025", "kind": "funding_round", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Nvidia; Nokia; Dell; Blue Owl", "amount": 433000000, "amount_text": "433000000", "currency": "USD", "valuation_reported": null, "summary": "Pre-Series C SAFE days after the Series B.", "sources_text": "https://sifted.eu/articles/nscale-raises-433m (trade) — \"The fresh funds come in the form of a pre-Series C simple agreement for future equity (SAFE).\"", "source_urls": [ "https://sifted.eu/articles/nscale-raises-433m" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-10-01", "date_sort": "2025-10-01", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 320574517, "fx_rate": 1.3507, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3507 per £ on 2025-10-01", "fx_date": "2025-10-01", "fx_note": "", "txt": "US$433m", "gbp_txt": "£320.6m", "show": true }, { "id": "DEAL-INV-2114", "date": "2025-09-26", "year": "2025", "kind": "funding_round", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Aker, Nokia, Nvidia", "amount": null, "amount_text": "1.1bn", "currency": "USD", "valuation_reported": null, "summary": "Nscale (AI data centres and cloud) raised $1.1bn (Series B), reported by tech.eu.", "sources_text": "https://tech.eu/2025/09/26/nscale-raises-11bn-in-nvidia-backed-series-b/ — \"a less than two-year-old UK data centre startup\" (trade)", "source_urls": [ "https://tech.eu/2025/09/26/nscale-raises-11bn-in-nvidia-backed-series-b/" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2025-09-26", "date_sort": "2025-09-26", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_as_written": "1.1bn", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "1.1bn USD", "gbp_txt": "", "show": true }, { "id": "DEAL-X-016", "date": "2025-09-25", "year": "2025", "kind": "funding_round", "company_text": "Nscale (biz-nscale)", "company_id": "BIZ-DC-001", "counterparty": "Aker ASA", "amount": 1100000000, "amount_text": "1100000000", "currency": "USD", "valuation_reported": null, "summary": "Nscale, which builds and rents GPU data centres, raised a $1.1bn Series B led by Aker ASA.", "sources_text": "https://www.nscale.com/press-releases/nscale-series-b — \"The financing was led by Aker ASA, with continued support from existing shareholders, including Sandton Capital,\" ; https://www.milbank.com/en/news/milbank-advises-nscale-on-largest-series-b-in-european-history.html (adviser's release) — \"the largest Series B in European history, at $1.1 billion.\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-series-b", "https://www.milbank.com/en/news/milbank-advises-nscale-on-largest-series-b-in-european-history.html" ], "confidence": "verified", "ledger": "sitewide", "page": "data-centres", "render": true, "date_text": "2025-09-25", "date_sort": "2025-09-25", "before_ledger_start": false, "amount_gbp": 824093497, "fx_rate": 1.3348, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3348 per £ on 2025-09-25", "fx_date": "2025-09-25", "fx_note": "", "txt": "US$1.10bn", "gbp_txt": "£824.1m", "show": true }, { "id": "DEAL-DC-025", "date": "2025-09-17", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-DC-027 AI Pathfinder", "company_id": "BIZ-DC-027", "counterparty": "AI Pathfinder", "amount": 18400000000, "amount_text": "18400000000", "currency": "GBP", "valuation_reported": null, "summary": "AI Pathfinder announces up to £18.4bn for two UK data centres (Northamptonshire £3.4bn; North Ayrshire up to £15bn); Business Times reports £1bn for Northamptonshire.", "sources_text": "https://www.datacenterdynamics.com/en/news/ai-pathfinder-plans-to-spend-184bn-on-two-uk-data-centers/ — \"up to £18.4 billion ($24.86bn)\"; https://business-times.co.uk/articles/technology/1bn-investment-set-to-put-northamptonshire-at-the-heart-of-ai-growth/ — \"£1 billion investment in artificial intelligence\"", "source_urls": [ "https://www.datacenterdynamics.com/en/news/ai-pathfinder-plans-to-spend-184bn-on-two-uk-data-centers/", "https://business-times.co.uk/articles/technology/1bn-investment-set-to-put-northamptonshire-at-the-heart-of-ai-growth/" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-09-17", "date_sort": "2025-09-17", "before_ledger_start": false, "amount_gbp": 18400000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£18.40bn", "gbp_txt": "£18.40bn", "show": true }, { "id": "DEAL-DC-007", "date": "2025-09-17", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-DC-014 DataVita", "company_id": "BIZ-DC-014", "counterparty": "CoreWeave", "amount": 1500000000, "amount_text": "1500000000", "currency": "GBP", "valuation_reported": null, "summary": "CoreWeave pledges £1.5bn for UK AI data-centre capacity, partnering DataVita in Scotland (UK-wide figure, not DataVita's alone).", "sources_text": "https://www.gov.uk/government/news/record-breaking-150bn-investment-unveiled-during-us-state-visit — \"CoreWeave is partnering with British firm DataVita in Scotland to build one of Europe's largest\"; https://www.datacenterdynamics.com/en/news/openai-announces-stargate-uk-with-up-to-8000-gpus-at-nscale-data-centers/ — \"CoreWeave has also said it is investing £1.5 billion ($2bn) in UK AI data center capacity and operations.\"", "source_urls": [ "https://www.gov.uk/government/news/record-breaking-150bn-investment-unveiled-during-us-state-visit", "https://www.datacenterdynamics.com/en/news/openai-announces-stargate-uk-with-up-to-8000-gpus-at-nscale-data-centers/" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-09-17", "date_sort": "2025-09-17", "before_ledger_start": false, "amount_gbp": 1500000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.50bn", "gbp_txt": "£1.50bn", "show": true }, { "id": "DEAL-DC-024", "date": "2025-09-16", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-DC-053 Microsoft", "company_id": "BIZ-DC-053", "counterparty": "Microsoft", "amount": 30000000000, "amount_text": "30000000000", "currency": "USD", "valuation_reported": null, "summary": "Microsoft commits $30bn to UK AI infrastructure and operations, 2025–2028 ($15bn capex).", "sources_text": "https://blogs.microsoft.com/on-the-issues/2025/09/16/microsoft-30-billion-uk-ai-future/ — \"$15 billion in capital expenditures to build out the UK's cloud and AI infrastructure\"; https://www.gov.uk/government/news/record-breaking-150bn-investment-unveiled-during-us-state-visit — \"a $30 billion (£22 billion) investment into AI infrastructure and ongoing operations\"", "source_urls": [ "https://blogs.microsoft.com/on-the-issues/2025/09/16/microsoft-30-billion-uk-ai-future/", "https://www.gov.uk/government/news/record-breaking-150bn-investment-unveiled-during-us-state-visit" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-09-16", "date_sort": "2025-09-16", "before_ledger_start": false, "amount_gbp": 21966756974, "fx_rate": 1.3657, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3657 per £ on 2025-09-16", "fx_date": "2025-09-16", "fx_note": "", "txt": "US$30bn", "gbp_txt": "£21.97bn", "show": true }, { "id": "DEAL-DC-003", "date": "2025-09-16", "year": "2025", "kind": "major_contract", "company_text": "BIZ-DC-002 Nscale Loughton", "company_id": "BIZ-DC-002", "counterparty": "Microsoft", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Microsoft commits to Nscale's Loughton AI campus (over 23,000 GPUs). Ended 2026-10-18 (DEAL-DC-016).", "sources_text": "https://www.nscale.com/press-releases/nscale-uk-ai-infrastructure-announcement — \"Nscale and Microsoft are today announcing they have entered a commitment on Nscale's AI Campus in Loughton.\"; https://www.gov.uk/government/news/record-breaking-150bn-investment-unveiled-during-us-state-visit — \"This includes building the country's largest supercomputer in partnership with Nscale.\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-uk-ai-infrastructure-announcement", "https://www.gov.uk/government/news/record-breaking-150bn-investment-unveiled-during-us-state-visit" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-09-16", "date_sort": "2025-09-16", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-DC-004", "date": "2025-09-16", "year": "2025", "kind": "major_contract", "company_text": "BIZ-DC-003 Stargate UK at Cobalt Park", "company_id": "BIZ-DC-003", "counterparty": "OpenAI; NVIDIA", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nscale, OpenAI and NVIDIA announce Stargate UK; up to 8,000 GPUs initially, potentially 31,000.", "sources_text": "https://www.nscale.com/press-releases/nscale-uk-ai-infrastructure-announcement — \"including in Cobalt Park, which will form part of the newly designated AI Growth Zone in the North East.\"; https://www.gov.uk/government/news/record-breaking-150bn-investment-unveiled-during-us-state-visit — \"British firm Nscale, and leading American companies OpenAI and NVIDIA are partnering up to establish Stargate UK\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-uk-ai-infrastructure-announcement", "https://www.gov.uk/government/news/record-breaking-150bn-investment-unveiled-during-us-state-visit" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-09-16", "date_sort": "2025-09-16", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-DC-005", "date": "2025-09-16", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-DC-013 QTS Cambois", "company_id": "BIZ-DC-013", "counterparty": "Blackstone funds", "amount": 10000000000, "amount_text": "10000000000", "currency": "GBP", "valuation_reported": null, "summary": "Blackstone commits £10bn to the Cambois campus (QTS: \"up to £10 billion\").", "sources_text": "https://www.gov.uk/government/news/north-east-england-set-for-billions-in-investment-and-thousands-of-jobs-as-uk-and-us-ink-tech-partnership — \"Blackstone has already committed £10 billion into the Blyth site\"; http://q.com/data-centers/cambois/ — \"a significant inward investment of up to £10 billion\"", "source_urls": [ "https://www.gov.uk/government/news/north-east-england-set-for-billions-in-investment-and-thousands-of-jobs-as-uk-and-us-ink-tech-partnership", "http://q.com/data-centers/cambois/" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-09-16", "date_sort": "2025-09-16", "before_ledger_start": false, "amount_gbp": 10000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£10bn", "gbp_txt": "£10bn", "show": true }, { "id": "DEAL-DC-006", "date": "2025-09-16", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-DC-022 Google", "company_id": "BIZ-DC-022", "counterparty": "Google", "amount": 5000000000, "amount_text": "5000000000", "currency": "GBP", "valuation_reported": null, "summary": "Google opens Waltham Cross within a two-year £5bn UK investment.", "sources_text": "https://blog.google/company-news/inside-google/around-the-globe/google-europe/united-kingdom/waltham-cross-data-centre/ — \"£5 billion investment including capital expenditure\"; https://www.gov.uk/government/news/record-breaking-150bn-investment-unveiled-during-us-state-visit — \"Google has announced the opening of its data centre in Waltham Cross, Hertfordshire\"", "source_urls": [ "https://blog.google/company-news/inside-google/around-the-globe/google-europe/united-kingdom/waltham-cross-data-centre/", "https://www.gov.uk/government/news/record-breaking-150bn-investment-unveiled-during-us-state-visit" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-09-16", "date_sort": "2025-09-16", "before_ledger_start": false, "amount_gbp": 5000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£5bn", "gbp_txt": "£5bn", "show": true }, { "id": "DEAL-DC-2002", "date": "2025-09-16", "year": "2025", "kind": "investment_pledge", "company_text": "Blackstone (QTS Cambois Data Centre Campus)", "company_id": null, "counterparty": null, "amount": 10000000000, "amount_text": "10,000,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Blackstone's commitment to its Blyth data-centre campus in the North East AI Growth Zone.", "sources_text": "https://www.gov.uk/government/news/north-east-england-set-for-billions-in-investment-and-thousands-of-jobs-as-uk-and-us-ink-tech-partnership — \"Blackstone has already committed £10 billion into the Blyth site\"; https://www.datacenterdynamics.com/en/news/qts-starts-site-preparation-for-13bn-northumberland-uk-data-center/ (trade) — \"a visible milestone of progress\"", "source_urls": [ "https://www.gov.uk/government/news/north-east-england-set-for-billions-in-investment-and-thousands-of-jobs-as-uk-and-us-ink-tech-partnership", "https://www.datacenterdynamics.com/en/news/qts-starts-site-preparation-for-13bn-northumberland-uk-data-center/" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-09-16", "date_sort": "2025-09-16", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 10000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£10bn", "gbp_txt": "£10bn", "show": true }, { "id": "DEAL-CLD-2010", "date": "2025-09-16", "year": "2025", "kind": "major_contract", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "OpenAI; Nvidia", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Stargate UK: OpenAI to take up to 8,000 GPUs in a first phase, possibly about 31,000 over time.", "sources_text": "https://www.gov.uk/government/news/north-east-england-set-for-billions-in-investment-and-thousands-of-jobs-as-uk-and-us-ink-tech-partnership — \"The first phase will see OpenAI take up to 8,000 GPUs\"", "source_urls": [ "https://www.gov.uk/government/news/north-east-england-set-for-billions-in-investment-and-thousands-of-jobs-as-uk-and-us-ink-tech-partnership" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-09-16", "date_sort": "2025-09-16", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CLD-2029", "date": "2025-09-16", "year": "2025", "kind": "investment_pledge", "company_text": "AI Pathfinder", "company_id": "BIZ-DC-027", "counterparty": null, "amount": 1000000000, "amount_text": "1000000000", "currency": "GBP", "valuation_reported": null, "summary": "Initial investment of over £1bn in AI compute capacity, starting in Northamptonshire.", "sources_text": "https://www.gov.uk/government/news/us-uk-pact-will-boost-advances-in-drug-discovery-create-tens-of-thousands-of-jobs-and-transform-lives — \"This will begin in Northamptonshire, with an initial investment of over £1 billion.\"", "source_urls": [ "https://www.gov.uk/government/news/us-uk-pact-will-boost-advances-in-drug-discovery-create-tens-of-thousands-of-jobs-and-transform-lives" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-09-16", "date_sort": "2025-09-16", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 1000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1bn", "gbp_txt": "£1bn", "show": true }, { "id": "DEAL-CLD-3016", "date": "2025-09-16", "year": "2025", "kind": "capacity_contract", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "NVIDIA (DGX Cloud)", "amount": null, "amount_text": "not disclosed", "currency": null, "valuation_reported": null, "summary": "Part of Nscale's 2025-09-16 UK package of up to 58,640 NVIDIA GPUs; may overlap DEAL-CLD-2010. Buys or funds: 4,600 NVIDIA GB300 GPUs with NVIDIA DGX Cloud, including the DGX Lepton Marketplace, for UK developers (BIZ-CLD-3010).", "sources_text": "https://www.nscale.com/press-releases/nscale-uk-ai-infrastructure-announcement — \"Nscale will also deploy 4,600 NVIDIA GB300 GPUs in partnership with NVIDIA DGX Cloud\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-uk-ai-infrastructure-announcement" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-09-16", "date_sort": "2025-09-16", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "not disclosed", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "not disclosed", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-3017", "date": "2025-09-02", "year": "2025", "kind": "uk_office_opening", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": null, "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Nscale opened its first physical office, in Mayfair. Buys or funds: First physical office, Mayfair, London.", "sources_text": "https://www.uktech.news/ai/nscale-london-office-20250902 (trade) — \"This new office is another foundation stone, and we couldn’t be more excited about what lies ahead,\"", "source_urls": [ "https://www.uktech.news/ai/nscale-london-office-20250902" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-09-02", "date_sort": "2025-09-02", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-3013", "date": "2025-07-31", "year": "2025", "kind": "partnership", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Aker ASA (BIZ-INV-2014), 50/50 joint venture", "amount": null, "amount_text": "about 1000000000 (both parties, initial 20MW phase; more than $250m equity on a 100% basis)", "currency": "USD", "valuation_reported": null, "summary": "Nscale and Aker formed a joint venture to build Stargate Norway, with OpenAI as first offtaker. Buys or funds: Stargate Norway at Kvandal near Narvik: 230MW planned, ambition for 290MW more; initial 20MW phase; 100,000 NVIDIA GPUs targeted by end-2026. Other investors: OpenAI (initial offtaker).", "sources_text": "https://www.nscale.com/press-releases/stargate-norway-nscale-aker-openai — \"Both parties have committed approximately USD 1 billion to the initial 20MW phase of the project,\"", "source_urls": [ "https://www.nscale.com/press-releases/stargate-norway-nscale-aker-openai" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-07-31", "date_sort": "2025-07-31", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "about 1000000000 (both parties, initial 20MW phase; more than $250m equity on a 100% basis)", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "about 1000000000 (both parties, initial 20MW phase; more than $250m equity on a 100% basis) USD", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-012", "date": "2025-07-17", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-CLD-016 AIRR", "company_id": "BIZ-CLD-016", "counterparty": "UK Government (DSIT)", "amount": 1000000000, "amount_text": "1000000000", "currency": "GBP", "valuation_reported": null, "summary": "Compute Roadmap commits over £1bn to grow the AIRR 20x by 2030.", "sources_text": "https://www.gov.uk/government/publications/uk-compute-roadmap/uk-compute-roadmap — \"expand the AI Research Resource 20x by 2030\"; https://delivery.ai.gov.uk/2/ — \"Expand the capacity of the AI Research Resource (AIRR) by at least 20x by 2030\"", "source_urls": [ "https://www.gov.uk/government/publications/uk-compute-roadmap/uk-compute-roadmap", "https://delivery.ai.gov.uk/2/" ], "confidence": "verified", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-07-17", "date_sort": "2025-07-17", "before_ledger_start": false, "amount_gbp": 1000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1bn", "gbp_txt": "£1bn", "show": true }, { "id": "DEAL-CLD-6041", "date": "2025-07-17", "year": "2025", "kind": "site_opening", "company_text": "Isambard-AI", "company_id": "BIZ-DC-008", "counterparty": "DSIT; HPE (BIZ-BIG-2030); NVIDIA (BIZ-BIG-014)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Isambard-AI launched by the Science Secretary in Bristol. Buys or funds: Full system: 5,448 GH200, 21 AI exaflops.", "sources_text": "https://assets.publishing.service.gov.uk/media/697a36873c71d838df6bd400/ai_opportunities_action_plan-one-year-on.pdf — \"We launched Isambard-AI supercomputer at Bristol University in July 2025.\"; https://www.bristol.ac.uk/research/centres/bristol-supercomputing/articles/2026/stories-from-a-sovereign-ai-supercomputer-.html — \"Powering around 1000 projects from over 4000 users\"", "source_urls": [ "https://assets.publishing.service.gov.uk/media/697a36873c71d838df6bd400/ai_opportunities_action_plan-one-year-on.pdf", "https://www.bristol.ac.uk/research/centres/bristol-supercomputing/articles/2026/stories-from-a-sovereign-ai-supercomputer-.html" ], "confidence": "verified", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-07-17", "date_sort": "2025-07-17", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-DC-023", "date": "2025-06-11", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-DC-051 National supercomputer, Edinburgh", "company_id": "BIZ-DC-051", "counterparty": "UK Government", "amount": 750000000, "amount_text": "750000000", "currency": "GBP", "valuation_reported": null, "summary": "Chancellor confirms up to £750m for the next national supercomputer in Edinburgh. (Same event as DEAL-CLD-011; count once.)", "sources_text": "https://www.gov.uk/government/news/scotland-to-host-uks-national-supercomputer-as-chancellor-confirms-750-million-investment — \"up to £750 million\"; https://www.gov.uk/government/publications/uk-compute-roadmap/uk-compute-roadmap — \"committed up to £750 million into a new national supercomputer service\"", "source_urls": [ "https://www.gov.uk/government/news/scotland-to-host-uks-national-supercomputer-as-chancellor-confirms-750-million-investment", "https://www.gov.uk/government/publications/uk-compute-roadmap/uk-compute-roadmap" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-06-11", "date_sort": "2025-06-11", "before_ledger_start": false, "amount_gbp": 750000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£750m", "gbp_txt": "£750m", "show": true, "same_event_as": "DEAL-CLD-011" }, { "id": "DEAL-CLD-4011", "date": "2025-06-09", "year": "2025", "kind": "partnership", "company_text": "BIZ-DC-001 Nscale", "company_id": "BIZ-DC-001", "counterparty": "NVIDIA", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "At London Tech Week NVIDIA said Nscale would deploy 10,000 Blackwell GPUs in the UK by the end of 2026. Buys or funds: 10,000 NVIDIA Blackwell GPUs in the UK by end of 2026 (with 4,000 for Nebius, 14,000 in all, first phase).", "sources_text": "https://www.datacenterdynamics.com/en/news/uk-pledges-1-billion-ai-compute-investment-nscale-plans-to-deploy-10000-nvidia-gpus/ (trade) — \"It said it had scored deals with cloud provider Nscale to deploy 10,000 Blackwell GPUs by the end of 2026\"; https://investor.nvidia.com/news/press-release-details/2025/Europe-Builds-AI-Infrastructure-With-NVIDIA-to-Fuel-Regions-Next-Industrial-Transformation/default.aspx — \"announced the first phase of their AI infrastructure development plans to deploy 14,000 NVIDIA Blackwell GPUs\"", "source_urls": [ "https://www.datacenterdynamics.com/en/news/uk-pledges-1-billion-ai-compute-investment-nscale-plans-to-deploy-10000-nvidia-gpus/", "https://investor.nvidia.com/news/press-release-details/2025/Europe-Builds-AI-Infrastructure-With-NVIDIA-to-Fuel-Regions-Next-Industrial-Transformation/default.aspx" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-06-09", "date_sort": "2025-06-09", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-3015", "date": "2025-03-25", "year": "2025", "kind": "partnership", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "InfraPartners", "amount": null, "amount_text": "not disclosed", "currency": null, "valuation_reported": null, "summary": "InfraPartners to build Nscale's Glomfjord expansion to 60MW. Buys or funds: Expansion of the Glomfjord Industrial Park facility, Norway, from 30MW to 60MW using modular prefabricated build; go-live set for Q2 2025.", "sources_text": "https://www.nscale.com/press-releases/nscale-and-infrapartners-announce-partnership-to-build-60mw-ai-data-centre-in-glomfjord-norway — \"The facility, set to go live in Q2 2025, will host the latest generation of GPUs optimised for AI applications.\"", "source_urls": [ "https://www.nscale.com/press-releases/nscale-and-infrapartners-announce-partnership-to-build-60mw-ai-data-centre-in-glomfjord-norway" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-03-25", "date_sort": "2025-03-25", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "not disclosed", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "not disclosed", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-5019", "date": "2025-01-30", "year": "2025", "kind": "site_opening", "company_text": "Pulsant", "company_id": "BIZ-DC-2038", "counterparty": null, "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Pulsant launched a UK private cloud aimed at data sovereignty and private AI. Buys or funds: Pulsant Private Cloud at Croydon LN-1, Newcastle NE-1, Edinburgh SC-1, with private AI services.", "sources_text": "https://www.datacenterdynamics.com/en/news/uks-pulsant-launches-private-cloud-offering/ (trade) — \"rising digital sovereignty requirements\"", "source_urls": [ "https://www.datacenterdynamics.com/en/news/uks-pulsant-launches-private-cloud-offering/" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-01-30", "date_sort": "2025-01-30", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-DC-021", "date": "2025-01-13", "year": "2025", "kind": "investment_pledge", "company_text": "BIZ-DC-001 Nscale", "company_id": "BIZ-DC-001", "counterparty": "Nscale", "amount": 2500000000, "amount_text": "2500000000", "currency": "USD", "valuation_reported": null, "summary": "Nscale announces UK data-centre investment (headline £2bn, body $2.5bn over three years), with Loughton at up to 45,000 GB200 GPUs, live Q4 2026 as then planned.", "sources_text": "https://www.nscale.com/press-releases/ai-hyperscaler-nscale-to-invest-gbp-2-billion-in-the-uk-data-centre-industry — \"The site is equipped to support 50MW of AI and HPC capacity\" ... \"The site is scheduled to be live in Q4 2026.\"", "source_urls": [ "https://www.nscale.com/press-releases/ai-hyperscaler-nscale-to-invest-gbp-2-billion-in-the-uk-data-centre-industry" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-01-13", "date_sort": "2025-01-13", "before_ledger_start": false, "amount_gbp": 2057274523, "fx_rate": 1.2152, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2152 per £ on 2025-01-13", "fx_date": "2025-01-13", "fx_note": "", "txt": "US$2.50bn", "gbp_txt": "£2.06bn", "show": true }, { "id": "DEAL-DC-022", "date": "2025-01-13", "year": "2025", "kind": "uk_office_opening", "company_text": "BIZ-DC-045 CoreWeave (UK)", "company_id": "BIZ-DC-045", "counterparty": "Digital Realty; Global Switch", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "CoreWeave says its Crawley and London Docklands AI data centres are operational (NVIDIA H200).", "sources_text": "https://www.coreweave.com/news/coreweave-announces-two-initial-data-centers-in-the-uk-are-now-operational — \"[two] of its initial data centers in Crawley and London Docklands\"", "source_urls": [ "https://www.coreweave.com/news/coreweave-announces-two-initial-data-centers-in-the-uk-are-now-operational" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025-01-13", "date_sort": "2025-01-13", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-BIG-2013", "date": "2025-01-13", "year": "2025", "kind": "investment_pledge", "company_text": "Vantage Data Centers", "company_id": "BIZ-DC-016", "counterparty": null, "amount": 12000000000, "amount_text": "12,000,000,000", "currency": "GBP", "valuation_reported": null, "summary": "More than £12bn in UK data centres, 11,500 jobs, including a campus in Wales.", "sources_text": "https://www.gov.uk/government/news/uk-ai-sector-attracts-200-million-a-day-in-private-investment-since-july — \"a more than £12 billion funding commitment which will deliver 11,500 jobs across the UK.\"", "source_urls": [ "https://www.gov.uk/government/news/uk-ai-sector-attracts-200-million-a-day-in-private-investment-since-july" ], "confidence": "single_source", "ledger": "page", "page": "big-tech", "render": true, "date_text": "2025-01-13", "date_sort": "2025-01-13", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 12000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£12bn", "gbp_txt": "£12bn", "show": true }, { "id": "DEAL-CLD-2027", "date": "2025-01-12", "year": "2025", "kind": "investment_pledge", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": null, "amount": 2500000000, "amount_text": "2500000000", "currency": "USD", "valuation_reported": null, "summary": "Three-year UK data-centre investment announced with the AI Opportunities Action Plan, including Loughton, Essex.", "sources_text": "https://sifted.eu/articles/uk-ai-action-plan-news (trade) — \"A $2.5bn investment from Nscale, which is building AI-ready data centres\"", "source_urls": [ "https://sifted.eu/articles/uk-ai-action-plan-news" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2025-01-12", "date_sort": "2025-01-12", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 2044153720, "fx_rate": 1.223, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.223 per £ on 2025-01-10", "fx_date": "2025-01-10", "fx_note": "rate for 2025-01-10, the previous business day", "txt": "US$2.50bn", "gbp_txt": "£2.04bn", "show": true }, { "id": "DEAL-DC-2011", "date": "2025", "year": "2025", "kind": "acquisition", "company_text": "Pulsant", "company_id": "BIZ-DC-2038", "counterparty": "Specialist Computer Centres PLC (SCC)", "amount": null, "amount_text": "not disclosed", "currency": null, "valuation_reported": null, "summary": "Pulsant bought its Birmingham data centre (now WM-1) from SCC.", "sources_text": "https://www.pulsant.com/knowledge-hub/announcements/pulsant-unveils-1m-investment-in-birmingham-data-centre — \"Our platform is here to support inference AI workloads today\"", "source_urls": [ "https://www.pulsant.com/knowledge-hub/announcements/pulsant-unveils-1m-investment-in-birmingham-data-centre" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2025 (date not given; \"last year\" in a Sept 2026 release)", "date_sort": "2025-00-00", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "not disclosed", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "not disclosed", "gbp_txt": "", "show": true }, { "id": "DEAL-LB-140", "date": "2024-12-09", "year": "2024", "kind": "funding_round", "company_text": "Nscale (BIZ-DC-001)", "company_id": "BIZ-DC-001", "counterparty": "Sandton Capital Partners", "amount": 155000000, "amount_text": "155000000", "currency": "USD", "valuation_reported": null, "summary": "London AI hyperscaler raised a $155m Series A.", "sources_text": "https://www.uktech.news/ai/london-ai-hyperscaler-nscale-in-155m-funding-round-20241209 (trade) — \"A London-based AI hyperscaler has raised $155m in one of the biggest Series A funding rounds of the year in the UK\" ; https://www.nscale.com/press-releases/ai-hyperscaler-nscale-secures-usd-155-million-in-series-a (primary) — \"LONDON, UK, 9 DECEMBER 2024:\" … \"Sandton Capital Partners leads oversubscribed funding round to accelerate Nscale’s hyperscale growth\"", "source_urls": [ "https://www.uktech.news/ai/london-ai-hyperscaler-nscale-in-155m-funding-round-20241209", "https://www.nscale.com/press-releases/ai-hyperscaler-nscale-secures-usd-155-million-in-series-a" ], "confidence": "verified", "ledger": "ledger2", "page": "data-centres", "render": true, "date_text": "2024-12-09", "date_sort": "2024-12-09", "before_ledger_start": false, "amount_gbp": 121131604, "fx_rate": 1.2796, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2796 per £ on 2024-12-09", "fx_date": "2024-12-09", "fx_note": "", "txt": "US$155m", "gbp_txt": "£121.1m", "show": true }, { "id": "DEAL-DC-020", "date": "2024-09-10", "year": "2024", "kind": "investment_pledge", "company_text": "BIZ-DC-052 AWS", "company_id": "BIZ-DC-052", "counterparty": "Amazon Web Services", "amount": 8000000000, "amount_text": "8000000000", "currency": "GBP", "valuation_reported": null, "summary": "AWS plans £8bn for UK data centres, 2024–2028.", "sources_text": "https://www.aboutamazon.co.uk/news/job-creation-and-investment/aws-plans-to-invest-8-billion-in-the-uk — \"AWS plans to invest £8 billion over the next five years (2024-2028)\"", "source_urls": [ "https://www.aboutamazon.co.uk/news/job-creation-and-investment/aws-plans-to-invest-8-billion-in-the-uk" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2024-09-10", "date_sort": "2024-09-10", "before_ledger_start": false, "amount_gbp": 8000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£8bn", "gbp_txt": "£8bn", "show": true }, { "id": "DEAL-DC-019", "date": "2024-05-10", "year": "2024", "kind": "investment_pledge", "company_text": "BIZ-DC-045 CoreWeave (UK)", "company_id": "BIZ-DC-045", "counterparty": "CoreWeave", "amount": 1000000000, "amount_text": "1000000000", "currency": "GBP", "valuation_reported": null, "summary": "CoreWeave pledges £1bn for the UK, a London European HQ and two UK data centres in 2024.", "sources_text": "https://investors.coreweave.com/news/news-details/2024/CoreWeave-Invests-1-Billion-in-UK-Opens-New-European-Headquarters-and-Data-Centres-in-London-to-Bring-Cloud-Infrastructure-to-Power-the-AI-Revolution/default.aspx — \"a £1 billion investment to bolster the country's AI potential\"; https://www.coreweave.com/news/coreweave-announces-two-initial-data-centers-in-the-uk-are-now-operational — \"initial £1bn investment into the country last year\"", "source_urls": [ "https://investors.coreweave.com/news/news-details/2024/CoreWeave-Invests-1-Billion-in-UK-Opens-New-European-Headquarters-and-Data-Centres-in-London-to-Bring-Cloud-Infrastructure-to-Power-the-AI-Revolution/default.aspx", "https://www.coreweave.com/news/coreweave-announces-two-initial-data-centers-in-the-uk-are-now-operational" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2024-05-10", "date_sort": "2024-05-10", "before_ledger_start": false, "amount_gbp": 1000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1bn", "gbp_txt": "£1bn", "show": true }, { "id": "DEAL-CLD-6040", "date": "2024-03", "year": "2024", "kind": "site_opening", "company_text": "Isambard-AI phase 1", "company_id": "BIZ-DC-008", "counterparty": "HPE (BIZ-BIG-2030); NVIDIA (BIZ-BIG-014)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Isambard-AI phase 1 arrived and accepted. Buys or funds: 168 GH200 on 42 nodes.", "sources_text": "https://indico.ph.ed.ac.uk/event/329/contributions/3819/attachments/1839/2870/Alam_2025UKLFT.pdf — \"168 Hopper GPUs\"", "source_urls": [ "https://indico.ph.ed.ac.uk/event/329/contributions/3819/attachments/1839/2870/Alam_2025UKLFT.pdf" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2024-03", "date_sort": "2024-03-00", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-LB-115", "date": "2024-01-25", "year": "2024", "kind": "funding_round", "company_text": "Kao Data (BIZ-DC-004)", "company_id": "BIZ-DC-004", "counterparty": "Deutsche Bank (debt)", "amount": 206000000, "amount_text": "206000000", "currency": "GBP", "valuation_reported": null, "summary": "Essex AI data-centre builder completed a £206m debt raise.", "sources_text": "https://www.uktech.news/ai/ai-data-centre-debt-raise-20240125 (trade) — \"Kao Data, an Essex-based company that builds data centres for AI and advanced computing, has completed a £206m debt raise from Deutsche Bank.\"", "source_urls": [ "https://www.uktech.news/ai/ai-data-centre-debt-raise-20240125" ], "confidence": "single_source", "ledger": "ledger2", "page": "data-centres", "render": true, "date_text": "2024-01-25", "date_sort": "2024-01-25", "before_ledger_start": false, "amount_gbp": 206000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£206m", "gbp_txt": "£206m", "show": true }, { "id": "DEAL-DC-002", "date": "2024-01-18", "year": "2024", "kind": "investment_pledge", "company_text": "BIZ-DC-023 Google Waltham Cross", "company_id": "BIZ-DC-023", "counterparty": "Google", "amount": 1000000000, "amount_text": "1000000000", "currency": "USD", "valuation_reported": null, "summary": "Google announces a $1bn data centre at Waltham Cross.", "sources_text": "https://blog.google/around-the-globe/google-europe/united-kingdom/google-1-billion-investment-in-a-new-uk-data-centre/ — \"investing $1 billion in a new UK data centre in Waltham Cross, Hertfordshire.\"", "source_urls": [ "https://blog.google/around-the-globe/google-europe/united-kingdom/google-1-billion-investment-in-a-new-uk-data-centre/" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2024-01-18", "date_sort": "2024-01-18", "before_ledger_start": false, "amount_gbp": 789141414, "fx_rate": 1.2672, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2672 per £ on 2024-01-18", "fx_date": "2024-01-18", "fx_note": "", "txt": "US$1bn", "gbp_txt": "£789.1m", "show": true }, { "id": "DEAL-DC-001", "date": "2023-11-01", "year": "2023", "kind": "investment_pledge", "company_text": "BIZ-DC-008 Isambard-AI", "company_id": "BIZ-DC-008", "counterparty": "UK Government", "amount": 225000000, "amount_text": "225000000", "currency": "GBP", "valuation_reported": null, "summary": "Government funds Isambard-AI in Bristol.", "sources_text": "https://www.bristol.ac.uk/news/2023/november/supercomputer-announcement.html — \"a £225m investment from the Government\"; https://www.gov.uk/government/news/technology-secretary-announces-investment-boost-making-british-ai-supercomputing-30-times-more-powerful — \"will be backed by a £225 million investment.\"", "source_urls": [ "https://www.bristol.ac.uk/news/2023/november/supercomputer-announcement.html", "https://www.gov.uk/government/news/technology-secretary-announces-investment-boost-making-british-ai-supercomputing-30-times-more-powerful" ], "confidence": "verified", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2023-11-01", "date_sort": "2023-11-01", "before_ledger_start": false, "amount_gbp": 225000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£225m", "gbp_txt": "£225m", "show": true }, { "id": "DEAL-CLD-4003", "date": "2023-11-01", "year": "2023", "kind": "investment_pledge", "company_text": "BIZ-CLD-016 AI Research Resource (AIRR)", "company_id": "BIZ-CLD-016", "counterparty": "HM Government (DSIT) / UKRI", "amount": 300000000, "amount_text": "300000000", "currency": "GBP", "valuation_reported": null, "summary": "At the AI Safety Summit the AIRR budget was tripled to £300m to build Isambard-AI and Dawn. Buys or funds: Isambard-AI (Bristol, over 5,000 GPUs) and Dawn (Cambridge, over 1,000 Intel GPUs, Dell and StackHPC), linked by a Scientific OpenStack layer.", "sources_text": "https://www.gov.uk/government/news/technology-secretary-announces-investment-boost-making-british-ai-supercomputing-30-times-more-powerful — \"has been tripled to £300 million\"; https://www.ukri.org/news/300-million-to-launch-first-phase-of-new-ai-research-resource/ — \"has received a £300 million investment, to include a new Cambridge-based supercomputer\"", "source_urls": [ "https://www.gov.uk/government/news/technology-secretary-announces-investment-boost-making-british-ai-supercomputing-30-times-more-powerful", "https://www.ukri.org/news/300-million-to-launch-first-phase-of-new-ai-research-resource/" ], "confidence": "verified", "ledger": "page", "page": "cloud", "render": true, "date_text": "2023-11-01", "date_sort": "2023-11-01", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 300000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£300m", "gbp_txt": "£300m", "show": true, "round6": true }, { "id": "DEAL-CLD-6008", "date": "2023-11-01", "year": "2023", "kind": "compute_grant", "company_text": "AI Research Resource", "company_id": "BIZ-CLD-016", "counterparty": "UKRI / UK Government", "amount": 300000000, "amount_text": "300000000", "currency": "GBP", "valuation_reported": null, "summary": "£300m to launch the first AIRR phase, tripling a £100m Spring Budget 2023 allocation; per-system split not published. Buys or funds: First phase: Isambard-AI (over 5,000 GPUs) and Dawn (over 1,000 Intel GPUs).", "sources_text": "https://www.ukri.org/news/300-million-to-launch-first-phase-of-new-ai-research-resource/ — \"£300 million to launch first phase of new AI Research Resource\"", "source_urls": [ "https://www.ukri.org/news/300-million-to-launch-first-phase-of-new-ai-research-resource/" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2023-11-01", "date_sort": "2023-11-01", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 300000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£300m", "gbp_txt": "£300m", "show": true, "round6": true }, { "id": "DEAL-PE-013", "date": "2023-10-06", "year": "2023", "kind": "acquisition", "company_text": "Kao Data (BIZ-DC-004)", "company_id": "BIZ-DC-004", "counterparty": "Infratil (BIZ-INV-309); Legal & General Capital", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Infratil raised its holding to a 53% majority; L&G Capital 32%, Goldacre 15%.", "sources_text": "https://datacentrenews.uk/story/infratil-and-legal-general-increase-equity-stakes-in-kao-data-for-expansion — \"will now hold a majority stake of 53% in Kao Data\"", "source_urls": [ "https://datacentrenews.uk/story/infratil-and-legal-general-increase-equity-stakes-in-kao-data-for-expansion" ], "confidence": "single_source", "ledger": "ledger2", "page": "data-centres", "render": true, "date_text": "2023-10-06", "date_sort": "2023-10-06", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CLD-4001", "date": "2023-03", "year": "2023", "kind": "investment_pledge", "company_text": "BIZ-CLD-016 AI Research Resource (AIRR)", "company_id": "BIZ-CLD-016", "counterparty": "HM Government (Spring Budget 2023)", "amount": 100000000, "amount_text": "100000000", "currency": "GBP", "valuation_reported": null, "summary": "The 2023 Spring Budget set aside £100m for a national AI Research Resource; it was tripled in November 2023. Buys or funds: First funding for a national AI Research Resource, before Isambard-AI and Dawn were named.", "sources_text": "https://www.ukri.org/news/300-million-to-launch-first-phase-of-new-ai-research-resource/ — \"This triples the £100 million investment outlined in the government's 2023 Spring Budget\"; https://www.gov.uk/government/news/technology-secretary-announces-investment-boost-making-british-ai-supercomputing-30-times-more-powerful — \"up from £100 million announced in March 2023\"", "source_urls": [ "https://www.ukri.org/news/300-million-to-launch-first-phase-of-new-ai-research-resource/", "https://www.gov.uk/government/news/technology-secretary-announces-investment-boost-making-british-ai-supercomputing-30-times-more-powerful" ], "confidence": "verified", "ledger": "page", "page": "cloud", "render": true, "date_text": "2023-03", "date_sort": "2023-03-00", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 100000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£100m", "gbp_txt": "£100m", "show": true, "round6": true }, { "id": "DEAL-CLD-4002", "date": "2023-03", "year": "2023", "kind": "investment_pledge", "company_text": "BIZ-CLD-016 AI Research Resource (AIRR); BIZ-CLD-4006 Edinburgh exascale plan", "company_id": "BIZ-CLD-016", "counterparty": "HM Treasury (Chancellor Jeremy Hunt, Spring Budget 2023)", "amount": 900000000, "amount_text": "900000000", "currency": "GBP", "valuation_reported": null, "summary": "The Chancellor committed about £900m to AI research compute and an exascale computer. Buys or funds: AI research compute and a UK exascale supercomputer; in September 2023 Bristol was named host of Isambard-AI with \"thousands\" of GPUs.", "sources_text": "https://www.theregister.com/2023/03/16/uk_gov_splashes_on_quantum/ (trade) — \"Because AI needs computing horsepower, I today commit around £900 million\"; https://www.gov.uk/government/news/bristol-set-to-host-uks-most-powerful-supercomputer-to-turbocharge-ai-innovation — \"backed by a £900 million investment\"", "source_urls": [ "https://www.theregister.com/2023/03/16/uk_gov_splashes_on_quantum/", "https://www.gov.uk/government/news/bristol-set-to-host-uks-most-powerful-supercomputer-to-turbocharge-ai-innovation" ], "confidence": "verified", "ledger": "page", "page": "cloud", "render": true, "date_text": "2023-03", "date_sort": "2023-03-00", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 900000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£900m", "gbp_txt": "£900m", "show": true, "round6": true }, { "id": "DEAL-PE-012", "date": "2021-10-04", "year": "2021", "kind": "acquisition", "company_text": "Kao Data (BIZ-DC-004)", "company_id": "BIZ-DC-004", "counterparty": "Infratil (BIZ-INV-309)", "amount": 130000000, "amount_text": "130000000", "currency": "GBP", "valuation_reported": null, "summary": "Infratil took 40% for £120–130m growth capital; Legal & General and Goldacre kept 30% each.", "sources_text": "https://www.nzx.com/announcements/380368 — \"Infratil will obtain a 40% stake alongside current owners, Legal & General Group.\"; https://datacenterdynamics.com/en/news/infratil-invests-up-to-130-million-acquiring-stake-in-uks-kao-data — \"up to £120-130 million\"", "source_urls": [ "https://www.nzx.com/announcements/380368", "https://datacenterdynamics.com/en/news/infratil-invests-up-to-130-million-acquiring-stake-in-uks-kao-data" ], "confidence": "verified", "ledger": "ledger2", "page": "data-centres", "render": true, "date_text": "2021-10-04", "date_sort": "2021-10-04", "before_ledger_start": false, "amount_gbp": 130000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£130m", "gbp_txt": "£130m", "show": true }, { "id": "DEAL-DC-2012", "date": "2020-08-25", "year": "2020", "kind": "investment_pledge", "company_text": "Telehouse", "company_id": "BIZ-DC-2015", "counterparty": null, "amount": null, "amount_text": "not disclosed", "currency": null, "valuation_reported": null, "summary": "Announcement of Telehouse South, a six-floor, 31,000 sq m building near the Docklands campus.", "sources_text": "https://www.telehouse.net/news/telehouse-announces-london-docklands-data-centre-campus-expansion/ — \"This latest investment demonstrates our continued support for the UK market.\"", "source_urls": [ "https://www.telehouse.net/news/telehouse-announces-london-docklands-data-centre-campus-expansion/" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2020-08-25", "date_sort": "2020-08-25", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "not disclosed", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "not disclosed", "gbp_txt": "", "show": true }, { "id": "DEAL-PE-015", "date": "2020", "year": "2020", "kind": "acquisition", "company_text": "Next Generation Data (NGD), Newport campus (new); buyer Vantage Data Centers (BIZ-DC-016)", "company_id": "BIZ-DC-016", "counterparty": "Vantage Data Centers (equity from Digital Colony investors)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Vantage bought NGD's 180MW Welsh campus; close expected Q3 2020; terms undisclosed.", "sources_text": "https://datacenterdynamics.com/en/news/vantage-data-centers-buys-next-generation-data — \"equity commitments from Vantage's Digital Colony investors\"; https://computerweekly.com/news/252486699/NGDs-mega-colocation-campus-in-Wales-acquired-by-Vantage-Data-Centers — \"has now been acquired by hyperscale colocation firm Vantage Data Centers\"", "source_urls": [ "https://datacenterdynamics.com/en/news/vantage-data-centers-buys-next-generation-data", "https://computerweekly.com/news/252486699/NGDs-mega-colocation-campus-in-Wales-acquired-by-Vantage-Data-Centers" ], "confidence": "single_source", "ledger": "ledger2", "page": "data-centres", "render": true, "date_text": "2020", "date_sort": "2020-00-00", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-DC-2016", "date": "2017-10-05", "year": "2017", "kind": "acquisition", "company_text": "VIRTUS Data Centres", "company_id": "BIZ-DC-2022", "counterparty": "ST Telemedia Global Data Centres (buyer); Brockton Capital (seller)", "amount": null, "amount_text": "not disclosed", "currency": null, "valuation_reported": null, "summary": "STT GDC bought Brockton Capital's holding, making VIRTUS its subsidiary.", "sources_text": "https://virtusdatacentres.com/press-releases/st-telemedia-global-data-centres-acquires-control-of-virtus-data-centres — \"We are seeing a burgeoning demand for colocation in the UK and European data centre market.\"", "source_urls": [ "https://virtusdatacentres.com/press-releases/st-telemedia-global-data-centres-acquires-control-of-virtus-data-centres" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2017-10-05", "date_sort": "2017-10-05", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "not disclosed", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "not disclosed", "gbp_txt": "", "show": true }, { "id": "DEAL-DC-2015", "date": "2015-12-01", "year": "2015", "kind": "acquisition", "company_text": "VIRTUS Data Centres", "company_id": "BIZ-DC-2022", "counterparty": "Infinity SDC Limited (seller)", "amount": null, "amount_text": "not disclosed", "currency": null, "valuation_reported": null, "summary": "VIRTUS bought the company running Infinity's Slough data centre, renamed LONDON4; VIRTUS said capacity more than doubled to about 35MW.", "sources_text": "https://virtusdatacentres.com/press-releases/virtus-data-centres-buys-infinity-slough-data-centre-business — \"LONDON4 is a great strategic fit for us as we already share a number of customers.\"", "source_urls": [ "https://virtusdatacentres.com/press-releases/virtus-data-centres-buys-infinity-slough-data-centre-business" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "2015-12-01", "date_sort": "2015-12-01", "before_ledger_start": true, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "not disclosed", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "not disclosed", "gbp_txt": "", "show": true }, { "id": "DEAL-DC-032", "date": null, "year": null, "kind": "investment_pledge", "company_text": "BIZ-DC-042 Latos Stockton", "company_id": "BIZ-DC-042", "counterparty": "Latos", "amount": 100000000, "amount_text": "100000000", "currency": "GBP", "valuation_reported": null, "summary": "Latos wins full planning approval for a £100m edge AI data centre at Stockton-on-Tees, opening early 2027.", "sources_text": "https://www.datacenterdynamics.com/en/news/latos-gets-planning-approval-for-edge-ai-data-center-near-middlesbrough-uk/ — \"£100 million ($134.9m)\"", "source_urls": [ "https://www.datacenterdynamics.com/en/news/latos-gets-planning-approval-for-edge-ai-data-center-near-middlesbrough-uk/" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": null, "date_sort": null, "before_ledger_start": false, "amount_gbp": 100000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£100m", "gbp_txt": "£100m", "show": true }, { "id": "DEAL-DC-2013", "date": null, "year": null, "kind": "cancellation", "company_text": "BP (H2Teesside)", "company_id": null, "counterparty": "Teesworks Ltd", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "BP scrapped its planned 1.2GW blue-hydrogen plant at Teesworks after the data-centre scheme on the same land was approved.", "sources_text": "https://www.datacenterdynamics.com/en/news/bp-scraps-hydrogen-project-in-teesside-uk-following-approval-of-data-center-at-same-site/ (trade) — \"BP said that its hydrogen project had been rendered \"incompatible.\"\"", "source_urls": [ "https://www.datacenterdynamics.com/en/news/bp-scraps-hydrogen-project-in-teesside-uk-following-approval-of-data-center-at-same-site/" ], "confidence": "single_source", "ledger": "page", "page": "data-centres", "render": true, "date_text": "date not stated on page", "date_sort": "", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CLD-2003", "date": null, "year": null, "kind": "funding_round", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Aker ASA (lead)", "amount": 1100000000, "amount_text": "1100000000", "currency": "USD", "valuation_reported": null, "summary": "Series B with Blue Owl, Dell, Fidelity, G Squared, Nokia, Nvidia, Point72 and T.Capital; date not shown on the page.", "sources_text": "https://www.datacenterdynamics.com/en/news/ai-data-center-firm-nscale-raises-11bn-from-backers-including-aker-nokia-and-nvidia/ (trade) — \"It had previously been reported that it was looking to raise $2.7 billion.\"", "source_urls": [ "https://www.datacenterdynamics.com/en/news/ai-data-center-firm-nscale-raises-11bn-from-backers-including-aker-nokia-and-nvidia/" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "—", "date_sort": "", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no date, so not converted", "txt": "US$1.10bn", "gbp_txt": "", "show": true }, { "id": "DEAL-CLD-3004", "date": null, "year": null, "kind": "debt_financing", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "lenders not named in pages read", "amount": 900000000, "amount_text": "900000000", "currency": "USD", "valuation_reported": null, "summary": "Nscale's $900m revolving credit facility, listed in the S-1. Buys or funds: Revolving credit facility with a $200.0m letter of credit sublimit.", "sources_text": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm — \"an aggregate commitment of $900.0 million with a letter of credit sublimit of $200.0 million\"", "source_urls": [ "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "— (in place at 2026-09-18)", "date_sort": "", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no date, so not converted", "txt": "US$900m", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-3005", "date": null, "year": null, "kind": "debt_financing", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "lenders not named in pages read", "amount": null, "amount_text": "up to 790000000", "currency": "USD", "valuation_reported": null, "summary": "Data centre debt facility of up to $790m. Buys or funds: Kvandal South DC Facility, for the data centre at Kvandal near Narvik, Norway.", "sources_text": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm — \"an aggregated commitment of up to $790.0 million under the Kvandal South DC Facility\"", "source_urls": [ "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "— (in place at 2026-09-18)", "date_sort": "", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "up to 790000000", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "up to 790000000 USD", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-3006", "date": null, "year": null, "kind": "debt_financing", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "Macquarie (named in the facility title)", "amount": null, "amount_text": "up to 331900000", "currency": "USD", "valuation_reported": null, "summary": "Facility of up to $331.9m for Nscale's Iceland deployment. Buys or funds: Macquarie Iceland Facility, for the Iceland deployment.", "sources_text": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm — \"an aggregated commitment of up to $331.9 million under the Macquarie Iceland Facility\"", "source_urls": [ "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "— (in place at 2026-09-18)", "date_sort": "", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "up to 331900000", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "up to 331900000 USD", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-3007", "date": null, "year": null, "kind": "asset_financing", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "lenders not named in pages read", "amount": null, "amount_text": "up to 1850000000", "currency": "USD", "valuation_reported": null, "summary": "GPU financing facility of up to $1.85bn. Buys or funds: Ward County GPU Facility (GPU financing; location as named in the S-1).", "sources_text": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm — \"an aggregated commitment of up to $1.85 billion under the Ward County GPU Facility\"", "source_urls": [ "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "— (in place at 2026-09-18)", "date_sort": "", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "up to 1850000000", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "up to 1850000000 USD", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CLD-3008", "date": null, "year": null, "kind": "asset_financing", "company_text": "Nscale", "company_id": "BIZ-DC-001", "counterparty": "lenders not named in pages read", "amount": null, "amount_text": "up to 1200000000", "currency": "USD", "valuation_reported": null, "summary": "GPU financing facility of up to $1.2bn. Buys or funds: North Carolina GPU Facility (GPU financing).", "sources_text": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm — \"an aggregated commitment of up to $1.2 billion under the North Carolina GPU Facility\"", "source_urls": [ "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "— (in place at 2026-09-18)", "date_sort": "", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "up to 1200000000", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "up to 1200000000 USD", "gbp_txt": "", "show": true, "round6": true } ] }