Hyperscale data centres surge toward market dominance
Hyperscale operators are rapidly taking control of global data centre capacity, now accounting for 48% of the total and projected to reach 67% by 2031, according to Synergy Research Group. This growth is driven by the expansion of cloud services and accelerating demand from AI technologies, with hyperscale capacity expected to triple in the coming years. While enterprise on-premises data centres have declined significantly – from 56% of capacity in 2018 to a projected 19% by 2031 – they will still see some growth due to AI and GPU infrastructure needs. Meanwhile, colocation providers’ market share is shrinking, though their overall capacity continues to rise. Overall, the data centre landscape is shifting decisively toward hyperscale dominance as digital and AI-driven services expand worldwide…Read more
Finland
TikTok expands European data strategy with new Finland data centre
TikTok is investing €1Bn to build a second data centre in Lahti, Finland, as part of its broader €12Bn “Project Clover” initiative aimed at strengthening data sovereignty across Europe. The move builds on an existing Finnish project and reflects Finland’s appeal due to its strong infrastructure, clean energy, and skilled workforce. While TikTok appears to be scaling back expansion plans in Ireland, it is growing its presence in the Nordics, including operations in Norway and ongoing development in Finland. The expansion also comes amid ongoing scrutiny over data privacy and TikTok’s ownership by ByteDance, with the company aiming to reassure regulators by keeping European user data stored locally…Read more
Nebius plans 310MW AI factory in Finland
Nebius has announced plans to build a new 310MW AI factory in Lappeenranta, Finland, with first capacity expected to come online in 2027, marking another major step in Europe’s expanding AI infrastructure pipeline. The project will become one of the continent’s largest dedicated AI facilities when fully deployed and builds on Nebius’s wider global push to secure more than 3GW of contracted power by the end of 2026. Alongside supporting advanced AI training and inference workloads with next-generation NVIDIA platforms, the development is also expected to deliver significant regional benefits, including hundreds of construction and permanent jobs, collaboration with local universities, and a strong sustainability focus through low-carbon power, liquid cooling, and potential heat reuse for the local district heating network…Read more
Nscale advances new Finland data centre plan
Nscale has announced plans to develop a new data centre in Harjavalta, Finland, with the proposed facility set for the Sievari industrial area in partnership with Fortum. The project builds on preparatory work launched in 2024, when Fortum signed a planning reservation agreement with the Town of Harjavalta covering zoning, marketing and grid connection support for the site. Fortum has now entered into a site securing and development agreement with Nscale and will continue supporting the project through grid connection design and permitting, while Nscale and the town begin the process towards a preliminary land sale. Although total power capacity has not yet been confirmed, the announcement highlights continued momentum behind Nordic data centre development and Finland’s appeal for future AI infrastructure investment….Read more
Europe
Mistral AI advances Europe’s ai infrastructure push
French AI company Mistral AI is accelerating Europe’s AI infrastructure build-out with plans for a new NVIDIA-powered data centre near Paris, backed by $830Mn in debt financing and scheduled to go live in Q2 2026. The 44MW facility, designed for both AI model training and inference, will house 13,800 NVIDIA GB300 GPUs and forms part of Mistral’s wider strategy to reach 200MW of compute capacity across Europe by 2027, alongside further investment in Sweden. The project reflects a broader market shift towards purpose-built, high-density data centres tailored for AI workloads, as developers respond to rising demand from enterprises, governments and research institutions seeking greater control over their AI infrastructure…Read more
APAC
Microsoft commits $5.5Bn to Singapore’s AI future
Microsoft has announced a US$5.5 billion investment in Singapore’s cloud and AI infrastructure and operations from 2025 to 2029, reinforcing the country’s position as a leading AI hub in Asia. Alongside the investment, the company is expanding access to AI tools and training nationwide, including free Microsoft 365 Premium with Copilot for more than 200,000 tertiary students, AI training for educators, and new support for nonprofit leaders through its Microsoft Elevate programmes. The announcement comes as demand for AI literacy skills in Singapore has grown by more than 70% year-on-year, highlighting the pace at which AI capabilities are becoming a core workforce requirement. Together, the investment and skills initiatives reflect Microsoft’s broader focus on combining infrastructure, talent development, cybersecurity and trusted AI governance to support long-term economic and social impact…Read more
America
Coreweave secures landmark $8.5bn AI infrastructure financing
CoreWeave has closed an $8.5Bn delayed draw term loan facility to support the continued expansion of its AI cloud platform, marking a major milestone in the financing of high-performance compute infrastructure. The deal is notable as the first investment-grade rated financing secured by HPC infrastructure and an associated customer contract, highlighting growing lender confidence in AI-driven digital infrastructure. With borrowing initially set at around $7.5Bn and rising to $8.5Bn as assets stabilise, the facility gives CoreWeave further access to lower-cost capital as it scales to meet demand. The announcement also builds on strong financial momentum for the company, which has secured around $28Bn in equity and debt commitments over the past year…Read more
AWS explores Maryland data centre campus near nuclear plant
Amazon Web Services is exploring the potential development of a new data centre campus in Calvert County, Maryland, in partnership with Constellation Energy, with a proposed site located near the Calvert Cliffs Nuclear Power Plant. While no formal application has yet been submitted, concept plans presented at a local open house suggest the campus could include up to eight data centres on land already zoned for heavy industrial use. The proposal reflects AWS’s continued expansion in Maryland, but it has also prompted local debate, with concerns raised around environmental impact, transparency and public consultation. The site is one of several data centre proposals emerging in the area, underlining growing interest in power-adjacent locations as demand for new digital infrastructure continues to rise…Read more