ServiceNow, CoreWeave to invest billions in UK data centers for AI [Video]

Enterprise software giant ServiceNow and AI-focused startup CoreWeave announced plans to invest billions of dollars in the U.K., in a vote of confidence for Prime Minister Keir Starmer as he looks to attract foreign investment.

ServiceNow said it would invest $1.5 billion in the U.K. over the next five years, as it grows its U.K. business. The U.S.-based company plans to expand its U.K. presence with new office space and grow its staff base beyond the 1,000 people it currently employs.

ServiceNow also said it would invest the cash into localizing the processing of data for its large language models (LLMs), artificial intelligence models that rely on vast quantities of training data to be able to understand and generate text like a human.

The firm said it would bring NvidiaGPUs (graphics processing units) to its data centers based in London and the Welsh city of Newport to support processing of data on its LLMs within the U.K. This will …