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Artificial Intelligence

SWI Compute plans a 530MW Nvidia AI factory campus in the UK

SWI Group, the Amsterdam-listed investment group, has launched SWI Compute to build and run Nvidia AI factories, starting in Europe. The new business has ordered about $1bn of Nvidia systems and plans its first large site in the UK. That UK factory will start at 30MW.

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Startups

Skydance offers staff buyouts after Warner Bros merger

Skydance, the company formed by Paramount’s $110bn takeover of Warner Bros. Discovery, is offering some employees voluntary buyouts as it looks to cut costs. Co-chief executives David Ellison and Ynon Kreiz announced the programme in a memo to staff on Monday, The Hollywood Reporter reported.

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