CoreWeave plans a $2.2B investment in its European expansion

AI Hyperscaler CoreWeave is expanding its AI infrastructure to meet the surging European demand with a $2.2 billion investment. CoreWeave's new plans build on the company's recent $1.3 billion investment in the UK, for a total of $3.5 billion invested in the European continent. The funds will boost the construction of three state-of-the-art data centers in Norway, Sweden, and Spain to be completed by the end of 2025. The new facilities will be powered by NVIDIA's cutting-edge Blackwell GPUs and Quantum-2 InfiniBand networking as part of CoreWeave's commitment to deliver best-in-class advanced compute solutions.

CoreWeave has ensured that its European footprint meets the region's regulations and demands for operation, while it also provides low-latency AI workload performance and a data-sovereign cloud for European and UK customers. With this, the company looks to position itself as the obvious partner for potential European customers looking to create sophisticated AI applications at scale. The expansion, which will be completely powered by renewable energy, is also a strategic move to better attend to CoreWeave's existing customers' needs regardless of whether they are looking to expand internationally or just establishing themselves in Europe. The data centers will also create employment opportunities, with CoreWeave hiring across engineering, operations, finance, and go-to-market positions.