CoreWeave Expands Swedish Presence with Conapto Data Center Deal

CoreWeave, Inc. (Nasdaq: CRWV) is expanding its European operations through a partnership with Conapto. The agreement involves two sites in Stockholm, with the Stockholm 4 South facility already providing active capacity. This move increases CoreWeave's total number of European data centers to eight.

The deployment features advanced hardware, including NVIDIA Blackwell and Vera Rubin platforms linked by Quantum-X800 InfiniBand networking. This setup is designed to handle the high-density requirements of production-level AI workloads for developers and enterprises across the continent.

Sustainability is a key component of the arrangement. Both campuses run on 100% renewable energy. Furthermore, the infrastructure is integrated with Stockholm's district heating system to recycle thermal energy generated by the servers, meeting local environmental and reliability standards.

As of late March 2026, CoreWeave's global footprint reached 49 data centers. The company manages over 1GW of active power and has secured contracts for an additional 3.5GW. CoreWeave, which went public in early 2025, currently provides infrastructure for nine of the ten largest foundation model developers.

Representatives from both companies are scheduled to attend the Tech Arena at Almedalen on June 25 to discuss the region's AI infrastructure needs. This expansion follows CoreWeave's recent addition to the Nasdaq-100 Index, which became effective on June 22, 2026.