LONDON, May 10, 2024 /PRNewswire/ -- CoreWeave, the
leading specialized cloud provider for AI, today announced that it
has opened an office in London as
its European headquarters as part of a broader expansion into the
continent. The new UK expansion represents a £1 billion investment
to bolster the country's AI potential, and will create job
opportunities across engineering, operations, finance and
go-to-market. CoreWeave plans to open two UK data centres in 2024
with further expansion planned in 2025.
"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
Chief Executive Officer, 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."
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 centres and have established their European
headquarters here – further cementing the UK's position as an AI
and tech superpower.
"We're leaving no stone unturned to make the UK the best place
for pioneering companies like CoreWeave to grow their roots. With
the third highest number of AI companies and private investment in
AI in the world, it's clear our plan is working."
Secretary of State of Science, Innovation, and Technology,
Michelle Donelan said: "CoreWeave's
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. Today's £1 billion investment will
bring two new data centres to our shores, a vital tool in helping
to develop the AI breakthroughs of tomorrow.
"It will also lead to new, highly paid jobs and countless
opportunities for our brightest AI minds and start-ups as the UK
continues to cement its global AI powerhouse credentials. Our
message is clear – when it comes to investment, scaling-up, and
innovation, the UK is the perfect home from home."
CoreWeave's new European headquarters in London is strategically located given the
tremendous AI talent in the UK. The investment in the UK builds on
the UK government's established leadership fostering global
awareness and engagement on responsible AI and the country's
commitment to drive investment with plans to upskill millions
across the UK in AI. CoreWeave's presence in the region will
support the continued expansion of AI labs and enterprise customers
across the UK, bringing much needed computing power to the UK.
CoreWeave's 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. Trusted by leading
AI labs and enterprises, CoreWeave Cloud manages complexity through
automation to deliver the most performant and efficient cloud
infrastructure for AI workloads.
About CoreWeave
CoreWeave is a specialized GPU cloud provider, designed to power
the most complex workloads with customized solutions at scale. The
company's portfolio of cutting-edge technology delivers a broad
range of capabilities for machine learning and AI, graphics and
rendering, life sciences, real-time streaming, and more. Its
world-class teams, talent, and engineering prowess bring unmatched
speed-to-market for advanced compute. CoreWeave operates a growing
footprint of data centers covering every region of the US. It was
founded in 2017 and is based in New
Jersey. Learn more at www.coreweave.com.
Contact
Jackson Wild
Coreweave@teneo.com
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