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Chronicles

The story behind the story

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The UK's AI drive to build data centers, touted since 2024 and featuring NScale and CoreWeave deals, is riddled with phantom investments and shaky accounting

The Guardian Aisha Down

Related Coverage

Discussion

  • @hannahfearn Hannah Fearn on bluesky
    Great reporting from @aishadown.bsky.social on the giant holes in the gov's AI strategy.  Or “strategy”.  —  www.theguardian.com/technology/ 2...
  • @mxhollyclara @mxhollyclara on bluesky
    This bubble will burst, and will cause massive economic damage.  A few will get very rich off the back of all these “investment” while for the rest of us it'll be public inquiries and ITV dramatisations to reveal the true scale of harm.  —  www.theguardian.com/technology/ 2...
  • r/BetterOffline r on reddit
    Revealed: UK's multibillion AI drive is built on ‘phantom investments’
  • r/uknews r on reddit
    Revealed: UK's multibillion AI drive is built on ‘phantom investments’.  Exclusive: Rented datacentres and ‘supercomputer’ site that's still …
  • r/unitedkingdom r on reddit
    Revealed: UK's multibillion AI drive is built on ‘phantom investments’
  • r/ukpolitics r on reddit
    Revealed: UK's multibillion AI drive is built on ‘phantom investments’
  • @libbybrooks Libby Brooks on bluesky
    Terrific report from my colleague @aishadown.bsky.social on the UK's “phantom” AI drive, including the proposed data centre in Lanarkshire  —  www.theguardian.com/technology/ 2...