Summary
DataVita secured £300 million to expand Scotland’s Lanarkshire AI Growth Zone, with its 40MW DV1 and DV3 facilities leased to CoreWeave for 15 years, The Register reported. The UK National Wealth Fund is guaranteeing £202 million, while the project is expected to create 600 construction jobs and 100 permanent roles.
Why it matters
The deal links AI compute expansion to long-term power, financing and cloud-capacity commitments outside the largest established data-centre markets.
Related coverage
- Relativity Networks raises $22 million for faster data-centre fibre
- TerraPower plans an AI data-centre project around flexible nuclear power
- GOP memo warns AI companies that data-centre politics threaten an Ohio seat