CoreWeave: Coreweave to make billion dollar investment in UK data centers

May 08, 2024 | Posted by Abdul-Rahman Oladimeji

AI cloud provider CoreWeave has revealed its plans to invest  £1 billion in expanding its operations in the UK which will enable the launch of two data centers in the UK in 2024, with further expansion plans for 2025. The cloud provider has also opened an office in London, which will be its European headquarters.

"We are seeing unprecedented demand for AI infrastructure and London is an important AI hub that we are investing in. Expanding our physical footprint in the UK is an important milestone in the next phase of CoreWeave's growth," said Mike Intrator, cofounder and CEO, CoreWeave.

"CoreWeave's infrastructure will fill a void in the cloud market by providing AI enterprises with localized high-performance compute solutions that will help build and deploy the next generation of AI applications."

UK Prime Minister Rishi Sunak said: "Companies like CoreWeave are powering the future of AI innovation, and I am proud that they've backed the UK with a £1 billion investment into UK data centers and have established their European headquarters here – further cementing the UK's position as an AI and tech superpower.