<ul><li>US-based investment giant Blackstone is set to invest £10 billion to build one of Europe’s largest artificial intelligence data centres in the north east of England.</li><li>The government anticipates the data centre will create over 4,000 jobs, including 1,200 roles dedicated to construction in Blyth, Northumberland.</li><li>The site at Blyth was originally intended for the Britishvolt battery plant but was sold for redevelopment as a data centre after the company filed for bankruptcy.</li><li>Blackstone will also invest £110 million into a fund for skills training and transport infrastructure in the area.</li></ul>

Blackstone To Invest £10bn For Blyth AI Data Centre

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