Cloud provider CoreWeave to invest $2.2 bln in Europe
Specialized cloud provider CoreWeave said on Wednesday that it plans to invest an additional $2.2 billion in Europe to meet rising demand for artificial intelligence infrastructure, bringing its total investment in the region to $3.5 billion. The Nvidia-backed company plans to build three new data centers, each in Norway, Sweden and Spain by the end of 2025, it said. The investment is in addition to CoreWeave's $1.3 billion investment in the UK, where it has two data centers.
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Cloud provider CoreWeave to invest $2.2 bln in Europe
Specialized cloud provider CoreWeave said on Wednesday that it plans to invest an additional $2.2 billion in Europe to meet rising demand for artificial intelligence infrastructure, bringing its total investment in the region to $3.5 billion. The Nvidia-backed company plans to build three new data centers, each in Norway, Sweden and Spain by the end of 2025, it said. The investment is in addition to CoreWeave's $1.3 billion investment in the UK, where it has two data centers.
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