CoreweaveA cloud computing company that provides AI computing resources to companies has officially opened its first two data centers in the UK, the first outside its home US market.
CoreWeave Last year, it opened its European headquarters in London.Shortly after earning, Valued at $19 billion. Back of $1.1. Billions in 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.
It coincides with today's news. A separate announcement from the UK GovernmentIt details geographic “AI Growth Zones” that include private-sector AI infrastructure and a five-year investment plan to boost government-owned AI computing capacity.
“This investment builds confidence in the UK's digital technology sector and is exactly what we want to see when AI is used to drive efficiency and grow the economy.” Rachel ReevesThe UK Chancellor of the Exchequer said in a statement.
CoreWeave's first UK data center quietly went live in Crawley in October, the company said, while a second hub went live in London Docklands in December. I use both places. Nvidia's Hopper GPUs Based on the upgraded (graphical processing units), H200 series chips Designed for AI workloads.
From crypto to AI computing
Founded in 2017, CoreWeave began with a focus on crypto mining, but as AI computing demands rose — the processing power and infrastructure needed to run computational tasks like algorithms and machine learning models — the company revamped its GPU infrastructure. For such tasks.
CoreWeave is one of several cloud infrastructure companies looking to capitalize on the AI hype wave, including domestic European players. French FlexAI; DataCrunch means; Based in Finland; Nebius, based in the Netherlands; Rises from the ashes. of Russian Internet giant Yandex.
CoreWeave says it has 28 data centers open by the end of 2024, including the two new ones announced today. It also plans 10 new data centers by 2025, including three in Europe. Three previously announced locations Norway In Sweden and Spain