CoreWeave

About CoreWeave

CoreWeave is a data center operator headquartered in the United States. The company provides infrastructure and cloud computing services to clients across various industries. CoreWeave leverages its expertise in data center management and technology to deliver reliable and scalable solutions to meet the evolving needs of its customers.

CoreWeave is an AI cloud-computing company specializing in GPU infrastructure for AI workloads.

Company Overview

Recent Activity

• M&A / fundingAug 24, 2026$34M

  DataVita secures £25M loan from OakNorth for Glasgow AI data centre expansion

  DataVita has secured a £25 million loan from OakNorth to expand its flagship data centre near Glasgow and add AI-ready capacity for customer CoreWeave. The funding supported the initial construction phase while HFD Group, DataVita's parent company, completed longer-term financing. The expansion is part of DataVita's broader rollout of AI infrastructure in Scotland, backed by contracted demand from CoreWeave under a 15-year agreement.

• RegulatoryAug 24, 2026474,000 MW

  Texas halts data center grid connections pending audit; Abbott reverses position

  Texas Governor Greg Abbott directed state utility regulators to pause new grid-connection approvals for data centers while they conduct a comprehensive audit of pending projects. The halt affects approximately 1,800 data center projects tied to 474 gigawatts of interconnection requests. Abbott, who previously championed Texas as an AI data center 'epicenter', reversed course citing industry failures to notify communities and comply with existing reporting requirements on power and water usage. The moratorium reflects growing bipartisan political backlash against data center projects nationwide, with Abbott's move putting him at odds with President Trump, who called the crackdown an economic mistake.

• M&A / fundingAug 20, 2026

  Hudson River Trading taps CoreWeave for research platform

  Hudson River Trading has selected CoreWeave to provide a research platform. The announcement confirms a partnership between the trading firm and the GPU-focused data centre provider.

• RegulatoryAug 19, 202650 MW

  Scotland introduces ministerial notification rule for 50 MW+ data centres

  The Scottish Government issued a new planning direction requiring local authorities to notify Ministers of all proposed data centres with power capacity exceeding 50 MW within seven days of planning application validation. The requirement applies to new applications and those already in the planning system, with local authorities required to provide application documents, plans, EIAs and environmental screening opinions. The move does not prevent approvals or introduce new planning tests but creates a mechanism for closer government oversight of large data-centre projects as the sector expands rapidly in Scotland, particularly amid growing concern over AI infrastructure energy demands and community impact.

• M&A / fundingAug 18, 2026$405M

  DataVita secures £300m debt facility for Scotland AI data-centre expansion

  DataVita has secured £300 million in debt financing, backed by a £202 million National Wealth Fund guarantee and support from lenders including ING, ABN AMRO, Santander, the Scottish National Investment Bank and Siemens Financial Services. The funding will expand facility DV1 and construct DV3 in North Lanarkshire's AI Growth Zone, both contracted to CoreWeave under a 15-year agreement. Work is underway on site with first facility completion expected in 2026. The project will use low-carbon electricity and closed-loop cooling.

• M&A / fundingAug 18, 2026$378M

  DataVita secures £300m debt financing for Scottish AI data centres

  DataVita, a UK data centre and cloud services provider, secured approximately £300 million in debt financing to expand its existing DV1 data centre and build a second facility (DV3) in North Lanarkshire's AI Growth Zone. The financing was provided by ING, ABN AMRO, Santander, the Scottish National Investment Bank, and Siemens Financial Services, with a £202 million guarantee from the National Wealth Fund. Capacity at both facilities has been contracted to CoreWeave under a 15-year lease agreement, expected to create around 600 construction jobs and 100 permanent skilled roles.