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

Published by Uma Rajagopal

Posted on October 15, 2024

1 min read

· Last updated: January 29, 2026

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Investment announcement featuring US tech firms in UK data centres - Global Banking & Finance Review
The image highlights the significant investment of $8.2 billion by US tech firms in UK data centres, announced at a London summit. This investment reflects the growing focus on data centre technology in Britain.
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LONDON (Reuters) – Britain said on Monday that U.S. firms ServiceNow, CyrusOne, CloudHQ and CoreWeave would invest a combined 6.3 billion pounds ($8.2 billion) in UK data centre technology. The announcement comes as British Prime Minister Keir Starmer hosts global business leaders at a major investment summit in London. ($1 = 0.7662 pounds) […]

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

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

($1 = 0.7662 pounds)

( Reporting by Sarah Young , writing by Sachin Ravikumar)

Frequently Asked Questions

What is a data centre?
A data centre is a facility used to house computer systems and associated components, such as telecommunications and storage systems. They are essential for storing, processing, and managing data for businesses.
What is technology investment?
Technology investment involves allocating capital to technology companies or projects with the expectation of generating returns. This can include funding for startups, research, and development in tech sectors.

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