Nebius to Invest £1.7 Billion in UK AI Compute Expansion
Nebius (NASDAQ: NBIS) plans to invest about £1.7 billion to expand its artificial intelligence cloud capacity in the UK, adding three new NVIDIA-powered infrastructure deployments as demand for domestic AI compute rises among companies, researchers and public-sector users.
The Amsterdam-headquartered AI cloud company said Monday the new sites, together with its first UK deployment launched in November 2025, will reach 65 megawatts of capacity when fully ramped in 2027. The systems will use NVIDIA’s latest full-stack AI factory platform, building on Nebius’s earlier UK deployment of NVIDIA Blackwell Ultra infrastructure.
The investment comes as the UK government seeks to expand local compute capacity under its AI Opportunities Action Plan. In a January progress update, the government said it had committed £2 billion to expand UK compute capacity twentyfold by 2030 and designated five AI Growth Zones to accelerate data center development.
Nebius said its UK buildout is intended to support British enterprises, researchers and public services running AI training and inference workloads locally. The company cited Revolut as one of its UK customers, saying the fintech is using Nebius infrastructure for financial-crime agents and customer-service AI systems. It also said Prima Mente, a company backed by the UK Sovereign AI Fund, is using Nebius to train and serve biological foundation models for brain-disease research.
The UK expansion adds to a broader capacity race among so-called neocloud providers, which lease GPU clusters and AI infrastructure to model developers, enterprises and hyperscalers. Nebius has been scaling aggressively: Reuters reported in May that the company lifted its annual capital expenditure forecast to $20 billion to $25 billion after first-quarter revenue rose nearly eightfold year over year to $399 million.
Nebius has also become a notable part of NVIDIA’s AI infrastructure ecosystem. NVIDIA said in March it would invest $2 billion in Nebius, taking an 8.3% stake, as the company pursues a plan to deploy more than 5 gigawatts of data center capacity by 2030.
The company’s expansion has been supported by large customer commitments. Reuters previously reported that Nebius signed a five-year AI infrastructure deal with Meta worth up to $3 billion, following a separate agreement with Microsoft.
Nebius is also using acquisitions to broaden its cloud platform beyond raw GPU capacity. The company recently added Tavily, Eigen AI and Clarifai to expand agentic search, inference and accelerator-efficiency capabilities, while its AI Cloud 3.5 release added serverless AI features for production workloads, according to Monday’s announcement. Eigen AI was acquired for about $643 million in a cash-and-stock transaction announced in May.
The latest UK commitment underscores how AI infrastructure investment is moving beyond the largest hyperscalers, with neocloud providers competing to secure power, GPUs and enterprise customers in markets where governments are seeking more sovereign and domestic compute capacity.
