Data Centre News

Nscale raises another $3.36 billion ahead of its IPO

Nscale has raised another $3.36 billion as it looks to turn a rapidly growing backlog of AI contracts into live data centre and GPU capacity. 

Virtus secures £2.45bn financing to fund UK/European expansion

Virtus Data Centres has secured a £2.45 billion financing package to support its expansion across the UK and Europe.

Where is the AI data surge? AMS-IX traffic raises questions over demand

Analysis of 25 years of AMS-IX traffic finds a clear Covid-era jump but no comparable increase since the AI infrastructure boom began.

EU proposes A-G data centre efficiency ratings as minimum standards loom

Facilities with at least 500kW of installed IT power demand could receive public ratings from 2027, as Brussels develops minimum standards.

Scotland makes EIAs mandatory for new data centres above 50MW

New planning rules come as MSPs call for hyperscale decisions to wait until national guidance is complete.

Lagarde warns EU data centre gap could reach 19GW by 2036

The ECB President says Europe needs to build data centre capacity much faster if it is to support its AI ambitions.

AVK launches Capital arm to fund on-site data centre power

AVK Capital will fund and own on-site power infrastructure, with developers buying electricity through long-term PPAs.

Senior women report lower salaries than men in European data centre survey

Women in senior European data centre roles have reported earning average salaries 22% below those of men.  

Burnham rejects proposals for data centre moratorium

The Prime Minister has rejected a call to pause new data centre development as concerns continue to simmer, even within his own party.

Public sentiment towards data centres worsens despite greater understanding

Telehouse's survey finds positive perceptions have fallen as concern over data centre energy use rises.

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