Munters expands data centre cooling capabilities through Geoclima acquisition
Swedish manufacturer Munters Group (STO: MTRS) has inked an agreement to acquire Geoclima, an Italian manufacturer producing air and water-cooled chillers. Founded in 1994, Geoclima has carved a niche for itself as a player in the realm of chiller technology, a critical component in the data cen...
July 23
CoreWeave to invest $2.2bn in data centers in Sweden and Norway by 2025
Privately held AI hyperscaler CoreWeave Inc. said its plans to invest US$2.2 billion in the expansion and opening of three new data centres in continental Europe by the end of 2025 in Norway and Sweden. This aligns with CoreWeave's strategy to advanced compute solutions, particularly NVIDIA's Blackwell platform and NVIDIA Quantum-2 InfiniBand networking, catering to the nee...
June 05
Microsoft to deploy $3.2bn into Swedish AI data centres
Tech titan Microsoft (NASDAQ: MSFT) has announced a 33.7 billion Swedish crowns (US$3.2 billion) investment in Sweden. The initiative, slated to unfold over the next two years, represents the company's most substantial infrastructure commitment in the Nordic nation to date. Microsoft's investment will facilitate the deployment of 20,000 graphics processing units (GPUs) a...
June 03
EQT invested more than $20bn from its funds in 2023
Swedish investment group EQT has invested €19 billion (US$21 billion) into infrastructure projects across verticals during the 12 months of 2023. The firm has also reported revenues of €2,131 million for the period between January and December of last year. The firm, which is a heavy digital infrastructure investor, said the 39% increase in revenues was due “strong...
January 23
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