CoreWeave, a specialised cloud provider for AI, has opened an office in London as its European headquarters as part of a broader expansion into the continent.聽

The New York firm says the UK expansion represents a 拢1 billion investment to bolster the country鈥檚 AI potential, and will create job opportunities across engineering, operations, finance and go-to-market functions.

CoreWeave plans to open two UK data centres in 2024 with further expansion planned in 2025.

鈥淲e 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鈥檚 growth,鈥 said Mike Intrator, co-founder and CEO.聽

鈥淐oreWeave鈥檚 infrastructure will fill a void in the cloud market by providing AI enterprises with localised high-performance compute solutions that will help build and deploy the next generation of AI applications.鈥澛犅

21 鈥榬esponsible AI鈥 projects funded by Innovate UK

CoreWeave鈥檚 existing data centres support some of the largest deployments of high-performance GPU clusters in the world, and the infrastructure through which those clusters are consumed is designed with engineers and innovators in mind.聽

It says its new European headquarters in London is strategically located given the tremendous AI talent in the UK and will support the continued expansion of AI labs and enterprise customers across the nation.

Secretary of State of Science, Innovation and Technology Michelle Donelan said: 鈥淐oreWeave鈥檚 decision to base their European HQ here in London is not just a sign of our tech investment prowess, it is a resounding vote of confidence in our approach to AI and innovation.聽

鈥淭oday鈥檚 拢1 billion investment will bring two new data centres to our shores, a vital tool in helping to develop the AI breakthroughs of tomorrow.

鈥淚t will also lead to new, highly paid jobs and countless opportunities for our brightest AI minds and startups as the UK continues to cement its global AI powerhouse credentials. Our message is clear 鈥 when it comes to investment, scaling up and innovation, the UK is the perfect home from home.鈥

Scale AI chooses UK for European HQ