Overview
- Nebius announced on Monday that it will invest about £1.7 billion to add three new Nvidia‑powered deployments to its November 2025 Chertsey site, bringing the UK footprint to four locations and targeting 65 MW of capacity by 2027.
- The company says UK customers including Revolut and life‑science startup Prima Mente are already running production training and inference workloads on its Blackwell Ultra GPU infrastructure.
- Strong Q1 results and prior strategic backing underpin the plan: Nebius reported $399 million in revenue for Q1 2026, Nvidia made a roughly $2 billion equity investment in 2025, and the firm has reported large multi‑year infrastructure agreements with hyperscalers.
- Expansion depends on capital and power: Nebius is rapidly increasing contracted power toward a multi‑gigawatt footprint and has raised 2026 capex guidance, which heightens execution, permitting and financing risks for its rapid buildout.
- Beyond hardware, Nebius is growing a London R&D and commercial hub, hiring engineers and launching Nebius Academy partnerships with UK universities to support local AI adoption and skills development.