Blackstone invests £10bn in North East AI data centre scheme

By Daniel Gayne2024-09-26T10:08:00

Source: Shutterstock

Deal comes after collapse of plan for battery factory in Northumberland last year

American private investment giant Blackstone has announced a £10bn investment to create a large artificial intelligence data centre in the North East.

The new facility will be built in Blyth, Northumberland, where plans had previously been in place for a £300m battery gigafactory to be built by ISG.

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