CoreWeave expands AI cloud capacity in Sweden via Conapto deal

CoreWeave (Nasdaq: CRWV) has entered a co-location agreement with Stockholm-based data center provider Conapto, adding two campuses in Stockholm to its European infrastructure, according to a company statement.

Initial capacity is already online at the Stockholm 4 South campus, with both sites to be powered by renewable energy. The agreement brings CoreWeave's total European sites to eight. As of March 31, 2026, the company operates 49 data centers globally, with more than 1 gigawatt of active power and over 3.5 gigawatts of contracted power.

The Stockholm deployment will use Nvidia Blackwell Architecture and Nvidia Vera Rubin Platforms connected with Nvidia Quantum-X800 InfiniBand networking.

"Sweden has been central to CoreWeave's European strategy since our first continental investment," said Sachin Jain, chief operating officer at CoreWeave. "Conapto's local expertise and sustainable energy profile allows us to provide our customers what they need: urgent high performance AI compute with the reliability and environmental credentials that enterprise AI deployments demand."

Conapto CEO Håkan Björklund said the partnership includes a commitment to 100% renewable energy and heat recovery feeding into Stockholm's district heating network.

CoreWeave and Conapto are scheduled to participate at the Tech Arena at Almedalen on June 25, where discussions on AI infrastructure in Sweden are planned.

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