The announcement was made at the World Economic Forum in Davos, where Chancellor Jeremy Hunt has been meeting company bosses as part of a bid to “champion British excellence in tech”.
"This investment builds upon our Saint Giles and Kings Cross office developments, our multi-year research collaboration agreement with the University of Cambridge, and the Grace Hopper subsea cable that connects the UK with the United States and Spain.
"This new data centre will help meet growing demand for our AI and cloud services and bring crucial compute capacity to businesses across the UK while creating construction and technical jobs for the local community.
“Our country is no different and this major $1bn investment from Google is a huge vote of confidence in Britain as the largest tech economy in Europe, bringing with it good jobs and the infrastructure we need to support the industries of the future.”
Microsoft confirmed plans for a £2.5bn data centre in late November after overcoming UK regulatory hurdles in its £55bn takeover of Activision Blizzard.
Commenting on the latest deal, Ben Barringer, technology analyst at Quilter Cheviot, said there were signs the government’s message that the UK was open for business, particularly in the AI sphere, was getting through.
The original article contains 601 words, the summary contains 205 words. Saved 66%. I’m a bot and I’m open source!
This is the best summary I could come up with:
The announcement was made at the World Economic Forum in Davos, where Chancellor Jeremy Hunt has been meeting company bosses as part of a bid to “champion British excellence in tech”.
"This investment builds upon our Saint Giles and Kings Cross office developments, our multi-year research collaboration agreement with the University of Cambridge, and the Grace Hopper subsea cable that connects the UK with the United States and Spain.
"This new data centre will help meet growing demand for our AI and cloud services and bring crucial compute capacity to businesses across the UK while creating construction and technical jobs for the local community.
“Our country is no different and this major $1bn investment from Google is a huge vote of confidence in Britain as the largest tech economy in Europe, bringing with it good jobs and the infrastructure we need to support the industries of the future.”
Microsoft confirmed plans for a £2.5bn data centre in late November after overcoming UK regulatory hurdles in its £55bn takeover of Activision Blizzard.
Commenting on the latest deal, Ben Barringer, technology analyst at Quilter Cheviot, said there were signs the government’s message that the UK was open for business, particularly in the AI sphere, was getting through.
The original article contains 601 words, the summary contains 205 words. Saved 66%. I’m a bot and I’m open source!