Crypto entrepreneur raises £750m for Britain’s biggest AI data centre
Crypto entrepreneur Josh Payne’s start-up Nscale secures £750m from Nvidia, Nokia and Aker to build the UK’s biggest AI data centre despite no track..
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AI data centres to swallow 10% of global power surge — with US demand soaring to 40% by 2035, warns BP
BP warns AI data centres could consume 10% of global electricity growth by 2035 — with US demand hitting 40% — in its new World Energy Outlook.Read..
Read MoreStarbucks to shut cafés and axe 900 jobs in £750m rescue plan as sales slump and UK losses mount
Starbucks will close dozens of cafés and cut 900 jobs as part of a £750m restructuring plan to revive falling sales, with UK stores among those at..
Read MoreBranson told to rethink Eurostar rival bid as rail minister warns Kent stations ‘must be served’
Rail minister tells Richard Branson his Virgin Eurostar rival bid must serve Kent stations like Ebbsfleet and Ashford to win approval, as regulator..
Read MoreBritain ‘throwing away £2bn a year’ after scrapping VAT break for tourists, Reeves told
Britain is losing £2bn a year in tourist spending after scrapping tax-free shopping, with Reeves urged to restore VAT breaks as rivals France, Spain..
Read MoreBarclays boss warns Reeves: don’t tax growth ‘out of existence’
Barclays boss warns Rachel Reeves not to introduce new taxes on banks, saying it would “stifle growth” and risk driving jobs and lending out of..
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