U.S. private equity firm Blackstone has confirmed a 10 billion pound ($13.3 billion) investment for an artificial intelligence data centre in northeast England.
The British prime minister’s office said construction of the AI data centre next year will create 4,000 jobs, including 1,200 roles dedicated to the construction of the site.
Jon Gray, president and chief operating officer of Blackstone, confirmed the investment and its economic impact.
Blackstone will also contribute 110 million pounds to a local fund aimed at boosting skills training and improving transportation infrastructure in Blyth.
