Press ReleaseAn AI Growth Zone in the North East is set to unlock more than 5,000 new jobs and bring in £30 billion in investment as the region becomes a hub for AI development. By boosting the rollout of AI in the area, this new AI Growth Zone will:Create thousands of jobs across the region, including in construction through to data engineering, AI research and development, and AI safety. The AI Growth Zone will generate growth opportunities across the region, capitalising on access to the UK’s largest source of low carbon and renewable energy, world class universities and the regions emerging tech ecosystem in areas including advanced manufacturing, robotics and space. Blackstone has already committed £10 billion into the Blyth site – with the new designation of an AI Growth Zone providing the potential for an additional £20 billion in investment from future partners. Stargate UK is expected be based across a number of sites in the UK, including in Cobalt Park, which will form part of the newly designated AI Growth Zone in the North East.