CoreWeave Expands Globally: $19B AI Cloud Provider Launches UK Data Centers
AI Infrastructure Giant Enters European Market
CoreWeave, the specialized cloud computing provider powering AI workloads, has officially launched its first international data centers in the United Kingdom. This strategic expansion marks the company’s first footprint outside its native U.S. market, significantly enhancing AI compute availability in Europe.
Key Developments:
- Two new UK facilities operational in Crawley (since October) and London Docklands (since December)
- Part of a £1 billion ($1.25 billion) UK investment announced in May 2024
- Equipped with Nvidia’s cutting-edge Hopper H200 GPUs, optimized for AI processing
Strategic Expansion Timeline
The company established its European headquarters in London in May 2024, coinciding with its \(19 billion valuation following a \)1.1 billion funding round. This expansion aligns with the UK government’s recently announced five-year plan to boost national AI capabilities through:
- Government-owned AI computing infrastructure
- Designated “AI Growth Zones” incorporating private sector resources
“This investment demonstrates strong confidence in the UK’s tech sector as we leverage AI to drive economic growth and efficiency,” stated Rachel Reeves, UK Chancellor of the Exchequer.
From Cryptocurrency to AI Powerhouse
Founded in 2017 with an initial focus on cryptocurrency mining, CoreWeave successfully pivoted to meet the explosive demand for AI compute infrastructure—the specialized hardware and processing power required for machine learning and complex algorithms.
Competitive Landscape
CoreWeave joins several emerging cloud infrastructure providers capitalizing on AI growth, including:
- FlexAI (France)
- DataCrunch (Finland)
- Nebius (Netherlands)
Global Infrastructure Growth
With these new UK facilities, CoreWeave now operates 28 data centers worldwide. The company has ambitious expansion plans for 2025, including:
- 10 new data centers globally
- 3 additional European locations in Norway, Sweden, and Spain
This strategic growth positions CoreWeave as a major player in the global AI infrastructure market, offering specialized solutions for enterprises requiring high-performance computing power.
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