Published by Global Banking and Finance Review
Posted on September 13, 2025
1 min readLast updated: January 21, 2026
Published by Global Banking and Finance Review
Posted on September 13, 2025
1 min readLast updated: January 21, 2026
BlackRock will invest $700 million in UK data centres during Trump's visit, partnering with Digital Gravity Partners to meet AI and cloud computing demands.
(Reuters) - BlackRock plans to invest 500 million pounds ($700 million) in British data-centre infrastructure, one of a string of deals to be announced during U.S. President Donald Trump's state visit next week, Sky News reported on Saturday.
BlackRock and Downing Street did not immediately respond to Reuters requests for comment on the report, which said BlackRock would invest through a new venture with Digital Gravity Partners.
BlackRock CEO Larry Fink will join OpenAI's Sam Altman and Blackstone's Stephen Schwarzman as part of the business delegation accompanying Trump, Sky News reported this week.
Altman and Nvidia CEO Jensen Huang plan to pledge support for billions of dollars in British data-centre investments during the trip, Bloomberg News reported on Thursday.
The investments underscore rising demand for digital infrastructure, driven by artificial intelligence and cloud computing.
($1 = 0.7377 pounds)
(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Tom Hogue and William Mallard)
BlackRock plans to invest 500 million pounds, which is approximately $700 million, in British data-centre infrastructure.
BlackRock CEO Larry Fink will join OpenAI's Sam Altman and Blackstone's Stephen Schwarzman as part of the business delegation accompanying Trump.
The investments highlight the rising demand for digital infrastructure, which is driven by artificial intelligence and cloud computing.
Explore more articles in the Headlines category