CoreWeave expands AI cloud capacity in Stockholm through Conapto partnership with renewable energy

CoreWeave Secures Strategic Conapto Partnership for European Expansion

CoreWeave has formalized a co-location agreement with Conapto to significantly expand its AI cloud capacity across two Stockholm campuses, with the initial deployment at Stockholm 4 South already operational 1

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. The arrangement brings CoreWeave's total European footprint to eight sites, reinforcing the company's commitment to meeting accelerating demand from AI labs, enterprises, and developers building at scale across the continent. With a market capitalization of $57.68 billion and revenue growth of 130% in the last twelve months reaching $6.23 billion, CoreWeave continues its aggressive expansion despite recent stock volatility 1

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Renewable Energy Data Centers Power Next-Generation AI Infrastructure

Both Stockholm campuses will be powered entirely by renewable energy sources, aligning with Conapto's commitment to 100 percent clean energy and heat recovery integration into Stockholm's district heating network 1

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. Håkan Björklund, CEO of Conapto, emphasized this sustainability focus as the company operates four data centers from its Stockholm headquarters. The deployment leverages NVIDIA Blackwell Architecture and NVIDIA Vera Rubin Platforms connected through NVIDIA Quantum-X800 InfiniBand, providing cutting-edge AI cloud infrastructure designed specifically for compute-intensive workloads 1

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. This infrastructure enables high-performance compute, networking, storage, and software orchestration to help customers scale AI development and deployment as workloads transition from experimentation to production.

GPU-First Architecture Delivers Record-Breaking Performance for AI Workloads

CoreWeave's specialized GPU-first architecture optimizes training and inference of generative AI models, targeting scientific computing, financial applications, and real-time 3D rendering needs 2

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. The company has demonstrated industry-leading infrastructure performance through record-breaking MLPerf Training results, including completing DeepSeek-V3 model training in record time using NVIDIA GPUs 1

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. CoreWeave remains the only AI cloud to earn the top Platinum ranking in both SemiAnalysis ClusterMAX 1.0 and 2.0, while achieving #1 ranking for inference speed and price-performance for Moonshot AI's Kimi K2.6 in independent benchmarking conducted by Artificial Analysis 3

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Global Infrastructure Reaches Critical Scale with Strategic Partnerships

As of March 31, 2026, CoreWeave operates 49 data centers globally with more than 1GW of active power and over 3.5GW of contracted power 1

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. "Sweden has been central to CoreWeave's European strategy since our first continental investment," said Sachin Jain, chief operating officer at CoreWeave 1

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. Recent developments include a five-year, $335 million data storage agreement with Backblaze to enhance AI Object Storage capabilities, and becoming the official AI cloud partner of BattleBots for the 2027 Pro League season 1

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. The company, founded in 2017 and completing its Nasdaq public listing in March 2025, has also secured $1.25 billion and €2 billion in senior notes to support debt repayment and general corporate purposes 1

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. CoreWeave and Conapto will showcase their collaboration at Tech Arena at Almedalen on June 25, 2026 1

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