Cloud computing company CoreWeave is actively expanding its global business footprint. After setting up its European headquarters in London last year and completing huge financing, the company recently officially opened its first international data center in the UK, marking that its business has officially moved towards internationalization. This investment not only demonstrates CoreWeave's confidence in the British AI market, but also aligns with the British government's policy of vigorously developing the AI industry, jointly promoting the vigorous development of the British digital economy. CoreWeave's strategic layout will undoubtedly have a profound impact on the global cloud computing and artificial intelligence fields.
Recently, cloud computing company CoreWeave officially opened its first international data center in the UK, marking its expansion into markets outside the United States. CoreWeave was founded in 2017 and initially focused on cryptocurrency mining, but as the demand for artificial intelligence computing surged, the company decided to shift its GPU infrastructure to the field of AI computing.
CoreWeave opened its European headquarters in London in May last year and later completed a $1.1 billion financing round, bringing its valuation to $19 billion. As part of its investment in the UK, the company announced that it will invest US$1.25 billion to build two data centers in the UK. The first data center is located in Crawley and was quietly launched in October last year; the second one is located in London Docklands and began operations in December.
The opening of this data center complements the British government’s five-year investment plan. The government plans to enhance its own AI computing capabilities and establish geographical "AI growth zones" to promote the development of AI infrastructure in the private sector. British Finance Minister Rachel Reeves said that this investment is a huge vote of confidence in the British digital technology sector and will help promote economic growth and improve efficiency.
Both data centers use NVIDIA's latest H200 series graphics processing units (GPUs), which are specially designed for AI workloads, further enhancing CoreWeave's competitiveness in the AI computing market. CoreWeave currently operates 28 data centers around the world and plans to open 10 more new centers by 2025, including three announced locations in Norway, Sweden and Spain.
CoreWeave isn't alone in the current cloud computing landscape. Many local European companies, including France's FlexAI, Finland's DataCrunch and the Netherlands' Nebius, are also actively participating in this AI craze, striving to get a share of this rapidly developing market.
CoreWeave's investment and data center construction in the UK not only promotes the expansion of its own business, but also injects new vitality into the development of the UK's AI industry. It indicates that competition in the global cloud computing market will become more intense in the future, and it also provides other companies with opportunities Learn and refer to. CoreWeave’s international layout deserves continued attention.