DJIA52002.41 -175.28
S&P 5007659.44 -84.62
NASDAQ26140.03 -572.99
Russell 20002721.37 -45.90
German DAX25622.61 239.99
FTSE 10010881.90 41.55
CAC 407956.70 22.00
EuroStoxx 506203.55 32.40
Nikkei 22565324.29 898.34
Hang Seng24186.83 124.11
Shanghai Comp3716.28 8.80
KOSPI5668.05 113.83
Bloomberg Comm IDX144.42 0.53
WTI Crude-fut109.69 4.08
Brent Crude-fut101.84 4.31
Natural Gas3.12 -0.09
Gasoline-fut3.24 0.10
Gold-fut4186.70 -5.60
Silver-fut57.13 -0.47
Platinum-fut1639.70 4.10
Palladium-fut1115.00 -16.50
Copper-fut6.56 0.00
Aluminum-spot3195.00 0.00
Coffee-fut305.55 6.85
Soybeans-fut1260.50 -3.75
Wheat-fut659.75 -9.50
Bitcoin81677.46 -813.88
Ethereum USD2421.45 -38.86
Litecoin59.56 -1.23
Dogecoin0.08 0.00
EUR/USD1.1198 0.0070
USD/JPY158.27 -0.60
GBP/USD1.3255 0.0107
USD/CHF0.8296 -0.0085
USD IDX101.78 -0.23
US 10-Yr TR5.079 -0.008
GER 10-Yr TR3.4206 0.0114
JAP 10-Yr TR2.937 0.001
Fed Funds4 0
SOFR3.89 0.01
High-rise commercial buildings

Sub Markets

Topics

Latest News  + Alternative Assets  + Infrastructure  + Real Assets  + Real Estate  | 
Vantage, Nebius Add AI Compute Capacity in South Wales

Vantage, Nebius Add AI Compute Capacity in South Wales

Vantage Data Centers and Nebius have agreed to deploy high-density, NVIDIA-powered infrastructure at Vantage’s Newport, Wales, campus, adding domestic computing capacity as the United Kingdom seeks to expand its artificial intelligence economy.

The project represents the first announced commercial capacity commitment in the South Wales AI Growth Zone, according to the companies.

Nebius will lease capacity at Vantage’s CWL1 campus for AI model training, inference, agentic AI and enterprise workloads. The infrastructure will serve businesses, researchers, startups and public-sector organizations.

The deployment forms part of Nebius’ broader U.K. expansion. In June, the AI cloud company announced approximately £1.7 billion, or $2.3 billion, of committed capacity development across four British locations. Those sites are expected to provide 65 megawatts when fully operational in 2027.

“Vantage’s Newport campus gives us a strong foundation to expand access to NVIDIA-powered AI infrastructure in the U.K. and support customers building the next generation of AI applications,” said Gary Tierney, Nebius’ general manager for Europe, the Middle East and Africa.

Operating since 2010, CWL1 is one of Europe’s largest data center campuses. Its electricity use is matched with certified renewable energy, while newer facilities use closed-loop cooling systems designed to minimize operational water consumption.

The campus is part of Vantage’s multibillion-pound South Wales investment plan. The company expects to deliver more than 1 gigawatt of AI-ready capacity across Newport, Bridgend and Bro Tathan.

The U.K. designated South Wales as an AI Growth Zone because of the region’s available power, fiber connections to London, industrial base and semiconductor sector. The designation is intended to accelerate planning and infrastructure development.

“Nebius is scaling AI cloud infrastructure in the U.K. at a time when demand for domestic compute capacity continues to accelerate,” said David Howson, Vantage’s president for Europe, the Middle East and Africa.

Pictured: CWL13 data center at Vantage’s Newport, Wales, campus.

Connect Money is spotlighting rising stars who have made a valuable contribution to the alternative investments industry. Based on your nomination, we will recognize professionals who have significantly influenced both the workplace and community. The deadline is September 9. Click here to submit your nominations and help us highlight the next generation of leaders. 

Connect

Inside The Story

Vantage Data Centers

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.