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30 November 2023

Microsoft Announce £2.5 Billion Investment in Skills and Datacentres in London and Cardiff

Business leaders across Wales have hailed a decision by Microsoft to invest £2.5 billion over the next three years in AI infrastructure and skills in London and Cardiff.

This is the single largest investment in its 40-year history in the country which will see Microsoft grow its UK AI infrastructure across sites in London and Cardiff and potential expansion into northern England, helping to meet the exploding demand for efficient, scalable and sustainable AI specific compute power. Datacentres process, host and store the massive amounts of digital information that is critical for developing AI models.

Secretary of State for Wales David TC Davies said:

“South Wales is home to a significant and growing tech industry and it is fantastic to see it develop still further with Microsoft’s UK expansion plans.

“The UK Government is playing a leading role in supporting the tech and research sectors as well as developing the UK as an AI superpower. These areas are central to growing our economy and south east Wales is at the forefront of these emerging industries.”

READ FULL STORY HERE

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