Why Nebius is spending £1.7B to build the UK's next generation of AI infrastructure — TFN

Nebius is investing approximately £1.7 billion to build three new NVIDIA-powered deployments in the UK, bringing its total UK footprint to four sites and 65 MW of capacity by 2027.

Customers, including Revolut and AI biotech startup Prima Mente, are already running large-scale production workloads on the platform.

The investment aligns with the UK Government’s AI Opportunities Action Plan and comes as British businesses, researchers, and public sector organisations increasingly seek domestic AI infrastructure rather than relying solely on overseas cloud providers.

Nebius, the Nasdaq-listed AI cloud company spun out of Yandex’s international assets in a $5.4 billion deal in 2024, has announced plans to invest £1.7 billion in the UK, building three new NVIDIA-powered deployments on top of its existing site to reach 65 MW of total AI compute capacity when fully operational in 2027.

The credibility of that bet is underwritten by the scale of deals it has signed.