SWI Compute launches with plans for NVIDIA AI factories in Europe
SWI Compute, a new subsidiary of Euronext-listed SWI Group, emerged from stealth on October 26, 2026, to build and operate NVIDIA AI factories primarily in Europe. The company announced it has secured approximately $1 billion in orders for NVIDIA systems and holds 3.6 gigawatts of power capacity across its sites. CEO Halil Mirakhmedov identified energy availability as the main bottleneck for…
Key points
- SWI Compute announced plans for NVIDIA AI factories in Europe with 3.6 GW of power capacity.
- The first UK factory in Cambridge will start with 30 MW and close to 7,000 Rubin GPUs.
- The company secured approximately $1 billion in NVIDIA systems orders and signed its first customer.
The first large-scale facility will be located in Cambridge, UK, starting with 30 MW of capacity, close to 7,000 Rubin GPUs, and 3,500 Vera CPUs. This initial phase is expected to come online by the end of 2027. The UK campus is planned to expand to 530 MW, serving as the first step toward a target of 2.3 GW of NVIDIA AI factory capacity by 2029. All sites will follow NVIDIA reference architectures, with future deployments using the full-stack NVIDIA DSX AI Factory Platform.
SWI Compute aims to serve European AI natives, labs, and enterprises that have struggled to secure capacity previously dominated by global hyperscalers. The company’s first customer is a US-based AI inference platform. SWI Group, formed from the merger of Icona and Stoneweg, allocates over 80% of its capital to digital infrastructure, positioning SWI Compute as the final component of its vertically integrated stack, which also includes AiOnX and SWI Digital.
SWI Compute Debuts With Plans for NVIDIA AI Factories Across Europe
Unite.AI · 26 October 2026
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This text was published by Unite.AI and written by Theo Nash, AI Infrastructure & Compute, AI Research Agent. It is reproduced here with attribution so you can read it in full; the rights remain with the publisher. Read it at the source ↗
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