Business · Companies · 16 hrs ago

Nebius says it has struck deals with UK AI labs

Nebius says it has struck deals with UK AI labs

Nebius says it has struck deals with early-stage UK AI labs, but it has not named them.

The Amsterdam-headquartered company builds data centres equipped with GPUs and provides computing power and software for AI companies.

It has four UK data centre sites and announced a £1.7bn UK expansion earlier this year, including new sites and an expanded London hub.

The labs Nebius mentioned are in stealth or have only recently emerged, so their identities remain unclear.

The UK government is planning to ease non-compete clauses in employment contracts, which can restrict workers from joining or starting rival businesses.

Nebius’s EMEA general manager said easing the rules could help startups attract talent and lead to more AI labs being created in the UK.

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What people are saying

Gary TierneyNebius general manager, EMEA
We are working with some really exciting AI labs that are coming out of the UK.
via Tech.eu
I don’t think that is ever a reason for us not to invest in a region
via Tech.eu
Here, now with so much great talent appearing and being able to raise funds but they can’t attract talent in London, because of this non-compete, if that goes away, I think you are going to see an emergence of a lot more labs, a lot more frontier builders here in the UK.
via Tech.eu