AI investment starts showing up in official UK output data
Information and communications delivered almost half of Britain's 0.4% second-quarter growth, with hardware spending pushing capital investment to £22.1bn.
Tag: compute
26 articles tagged compute
EU opens bidding on seven AI gigafactories worth €30bn
Brussels launched procurement for three large and four smaller compute hubs, with public money capped at 35% and construction due within 18 months of award.
Half of the world's mega datacentre projects may stall
The Uptime Institute says about half of 250 large datacentre projects announced since 2021 will be cancelled or delayed, straining the AI boom's foundations.
Google caps Meta's Gemini use as AI compute runs short
Google has limited Meta's access to its Gemini models after the social media giant sought more computing capacity than Google could supply, exposing industry-wide bottlenecks.
AMD, Dell and Cambridge open UK sovereign AI lab SAIL
AMD, Dell and the University of Cambridge are launching the Sovereign AI Innovation Lab, adding to a fast-growing Cambridge cluster of public AI compute.
UK confirms £1.1bn plan to back British AI chips and compute
Liz Kendall has unveiled a £1.1bn AI Hardware Plan: a £750m national supercomputer, advance chip purchases and a record British Business Bank fund to secure UK AI sovereignty.
Google to invest up to $40bn in Anthropic at $350bn valuation
Alphabet has committed $10bn now and a further $30bn on performance milestones, deepening multi-cloud ties between Anthropic, Google and Amazon.