{"id":10161,"date":"2024-05-12T09:17:20","date_gmt":"2024-05-12T01:17:20","guid":{"rendered":"https:\/\/www.1ai.net\/?p=10161"},"modified":"2024-05-12T09:17:20","modified_gmt":"2024-05-12T01:17:20","slug":"%e4%bb%b7%e5%80%bc190%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84ai%e8%ae%a1%e7%ae%97%e6%8f%90%e4%be%9b%e5%95%86coreweave%e5%b0%86%e5%9c%a8%e4%bc%a6%e6%95%a6%e5%bc%80%e8%ae%be%e6%ac%a7%e6%b4%b2%e6%80%bb","status":"publish","type":"post","link":"https:\/\/www.1ai.net\/en\/10161.html","title":{"rendered":"CoreWeave, the $19 billion AI computing provider, will open European headquarters in London"},"content":{"rendered":"<p>GPU Cloud Computing in New Jersey, USA <a href=\"https:\/\/www.1ai.net\/en\/tag\/coreweave\" title=\"[See article with [CoreWeave] label]\" target=\"_blank\" >CoreWeave<\/a> The company was valued at $19 billion in its latest funding round, and it is opening an office in London, becoming one of the most profitable companies in the world.<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e6%ac%a7%e6%b4%b2\" title=\"[See articles with [European] labels]\" target=\"_blank\" >Europe<\/a>Headquarters.<\/p>\n<p>CoreWeave has announced that it will open two data centers in the UK this year as part of a \u00a31 billion ($1.25 billion) investment.<span class=\"spamTxt\">first<\/span>Doing business outside the United States.<\/p>\n<p>Founded in 2017, CoreWeave is one of the <a href=\"https:\/\/www.1ai.net\/en\/tag\/ai%e4%ba%91%e8%ae%a1%e7%ae%97%e5%85%ac%e5%8f%b8\" title=\"[SEES ARTICLES WITH LABELS]\" target=\"_blank\" >AI Cloud Computing Company<\/a>CoreWeave is one of the companies that has benefited from the recent boom in AI, including the generative AI craze sparked by OpenAI\u2019s ChatGPT. CoreWeave provides cloud-based AI \u201ccompute,\u201d which is the infrastructure and resources needed to perform computational tasks, such as processing data and running machine learning models.<\/p>\n<p class=\"article-content__img\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10162\" title=\"202305221413351383_9\" src=\"https:\/\/www.1ai.net\/wp-content\/uploads\/2024\/05\/202305221413351383_9.jpg\" alt=\"202305221413351383_9\" width=\"695\" height=\"466\" \/><\/p>\n<p>Source Note: The image is generated by AI, and the image is authorized by Midjourney<\/p>\n<p>Developers developing AI applications need access to GPUs (graphics processing units), which are complex to set up and manage, and expensive because they are usually rented for a certain period of time. CoreWeave provides processing power on demand and at scale, providing developers with a variety of Nvidia GPUs to meet their different use case needs.<\/p>\n<p>There are a number of players emerging in this emerging field, and they are also supported by funding. Lambda raised $320 million in funding a few months ago, and last month, French startup FlexAI emerged from stealth with $30 million in funding and is focused on deploying AI models on multiple architectures, not just Nvidia.<\/p>\n<p>CoreWeave is one of the leaders in the GPU cloud space. Last week, the company said it had raised $1.1 billion in a funding round that nearly tripled its valuation from the $7 billion it reported last December. Such is the AI gold rush, Nvidia itself has doubled its market value in the past 12 months to more than $2 trillion.<\/p>\n<p>The UK and AI<\/p>\n<p>The UK is considered one of the countries investing the most in AI, after the US and China. Google&#039;s DeepMind is headquartered in London, and Microsoft recently pledged to invest $3.15 billion in the UK over the next few years to build its AI infrastructure. The Redmond, Washington-based giant&#039;s newly established consumer AI division also has a headquarters in London.<span class=\"spamTxt\">First<\/span>An international center led by former Lection and DeepMind scientist Jordan Hoffmann.<\/p>\n<p>For CoreWeave, a company spokesperson said its new headquarters will be near Brick Lane in East London, and the company will recruit about 30 employees, covering positions such as software engineering, support engineering, operations, finance and marketing.<\/p>\n<p>Similar to the general case with cloud computing, building localized infrastructure also means lower latency and higher performance applications for companies in the region. Given that CoreWeave plans to open two data centers in the UK before the end of the year, it\u2019s safe to say that the company was likely already moving forward with those plans before today\u2019s announcement.<\/p>\n<p>This means that by the end of 2024, CoreWeave will operate data centers around the world, although the company does not disclose how many data centers it has today. By the end of 2023, it has 14 data centers, all in the United States.<\/p>\n<p>\u201cWe are seeing an all-time high in demand for AI infrastructure, and London is a key AI hub where we are investing,\u201d said Mike Interlatte, CEO and co-founder of CoreWeave, in a statement. \u201cExpanding our physical space in the UK is an important milestone in the next phase of CoreWeave\u2019s growth.<\/p>","protected":false},"excerpt":{"rendered":"<p>New Jersey-based GPU cloud CoreWeave has been valued at $19 billion in its latest funding round, closely followed by the opening of an office in London to become its European headquarters. CoreWeave announced it will open two data centers in the U.K. this year as part of a \u00a31 billion ($1.25 billion) investment, marking the first time it's doing business outside the U.S. Founded in 2017, CoreWeave is one of a number of AI cloud computing companies that have benefited from the recent boom in AI including the generative AI boom sparked by OpenAI's ChatGPT. coreWeave provides cloud-based AI \"compute,\" the computational tasks required to carry out the CoreWeave provides cloud-based AI \"compute,\" the infrastructure and resources needed to perform computational tasks<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[2558,2557,499],"collection":[],"class_list":["post-10161","post","type-post","status-publish","format-standard","hentry","category-news","tag-ai","tag-coreweave","tag-499"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/10161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/comments?post=10161"}],"version-history":[{"count":0,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/10161\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/media?parent=10161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/categories?post=10161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/tags?post=10161"},{"taxonomy":"collection","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/collection?post=10161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}