HomeTechCoreWeave expansion tops off impressive week for UK tech investment

CoreWeave expansion tops off impressive week for UK tech investment

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The UK government is celebrating £2 billion of investment made in the country’s tech sector last week, most notably a £1 billion deal from US AI firm CoreWeave.

CoreWeave revealed its new European headquarters will be based in London as part of a major expansion drive. The plan is to create the necessary processing power for machine learning and AI, graphics and rendering, life sciences, and real-time streaming applications.

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