CoreWeave Partners With Conapto for AI Cloud Capacity in Sweden

MT Newswires Live06-24 23:50

CoreWeave (CRWV) said Wednesday it has signed a colocation agreement with Conapto to expand AI cloud capacity in Sweden.

The arrangement encompasses two campuses in Stockholm powered by renewable energy, the company said.

The firm said initial capacity is already online, providing European customers with access to its platform powered by Nvidia's (NVDA) Blackwell and Vera Rubin systems connected via Quantum-X800 InfiniBand.

Shares were down about 3% in midday trading.

Price: 102.44, Change: -3.28, Percent Change: -3.10

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