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CoreweveThe $19 billion cloud computing company, which provides companies with artificial intelligence computing resources, has officially opened its first two data centers in the UK – the first outside the US domestic market.
CoreWeave opened its European headquarters in London last Mayshortly after hitting a worth 19 billion dollars Behind $1.1. billion fundraising. At the same time, the company announced plans to open two data centers in the UK as part of a £1 billion ($1.25 billion) investment. A separate statement from the UK government It details a five-year investment plan to increase state-owned AI computing capacity, as well as geographic “AI Development Zones” that include AI infrastructure from the private sector.
“This investment is a huge vote of confidence in the UK’s digital technology sector and the kind we want to see as we grow the economy and use AI to drive efficiency” Rachel ReevesThe Chancellor of the Exchequer of Great Britain said in a statement.
CoreWeave’s first UK data center quietly went live in Crawley in October, while the company said a second center opened in London Docklands in December. Both places use it Nvidia’s Hopper GPUs (graphics processing units), based on improved H200 series chips designed for high-performance computing (HPC) and AI workloads.
From cryptocurrency to AI computing
Founded in 2017, CoreWeave started out with a focus on cryptocurrency mining, but with the growing demand for AI computing—that is, the processing power and infrastructure required to perform computational tasks such as running algorithms and running machine learning models—the company has expanded its GPU infrastructure to such workloads. changed to
CoreWeave is one of a number of cloud infrastructure startups looking to capitalize on the AI wave, including local European players. French company FlexAI; DataCrunch, that is Located outside of Finland; and Nebius, based in the Netherlands rose from the ashes Russian internet giant Yandex.
CoreWeave said it plans to open 28 data centers by the end of 2024, including two new ones it officially announced today. It also plans 10 new data centers in 2025, including three in Europe three previously announced locations In Norway, Sweden and Spain.
