Hut 8 is investing $2.5 billion to develop a 300MW AI and Bitcoin mining data center in Louisiana’s West Feliciana Parish. The 592-acre River Bend Campus will create up to 2,000 construction jobs. The first phase includes two 450,000 sq. ft. facilities, set for completion by Q4 2025. Hut 8 continues expanding its AI and high-performance computing footprint, reinforcing its position in the digital infrastructure market.
Oracle is injecting $5 billion into the UK’s cloud infrastructure over the next five years, reinforcing its role in AI-driven innovation. The investment will expand Oracle Cloud Infrastructure’s footprint, supporting businesses and government AI initiatives. With two existing cloud regions in London and Wales, Oracle aims to enhance productivity, security, and growth, aligning with the UK’s vision for AI leadership.
