Share story
Infrastructure

SWI Compute announces approximately $1 billion in Nvidia system orders

SWI Compute announces approximately $1 billion in Nvidia system orders Image: Primary
SWI Group launched SWI Compute, saying the new AI infrastructure business has ordered approximately $1 billion of Nvidia systems and finalized its first customer contracts. The company says it has access to 3.6 gigawatts of power capacity secured by the group across Europe and the US. Its first large-scale UK facility is expected to come online by the end of 2027, initially using 30 MW to support close to 7,000 Rubin GPUs and 3,500 Vera CPUs. That phase belongs to a campus planned to reach 530 MW. SWI Compute plans dedicated and on-demand capacity for AI companies, laboratories and enterprises. Its first contracted customer is a US-based AI inference platform.
Sources
Yahoo Finance
In this story
Nvidia
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Yahoo Finance and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital
Capital

California startups capture record $385B in 2026 funding

California startups have raised a record $385B across seed to growth rounds so far in 2026, representing 75%+ of US startup funding, Crunchbase News reported using Crunchbase data. Early and seed stage companies raised approximate...

Techmeme
Infrastructure
Infrastructure

Sycamine says Japan committed $21 billion to two GlobalFoundries fabs

Japan has committed $21 billion to two GlobalFoundries chip plants in Malta, New York, under an agreement lasting at least 20 years, investment firm Sycamine Capital Management said in a press release. A vehicle co-owned by the US...

Yahoo Finance
AI Products
AI Products

Meta plans $95B stock financing for AI expansion

Meta plans to raise $95B through a stock offering to finance its AI expansion, the Financial Times reports. The financing includes a $35B underwritten equity offering, with Nvidia, AMD and Broadcom set to act as cornerstone invest...

Techmeme
Capital AI
Capital AI

Nevis raises $70M with Schwab joining wealth software investors

Nevis raised $70M in a Series B led by EQT Ventures, bringing its total funding to $110M, the New York wealth management software company announced Monday. Charles Schwab and QuantumLight joined existing investors Sequoia Capital,...

The Next Web
Robotics Capital
Robotics Capital

Bedrock Robotics raises $600M at a $4.1B valuation

Bedrock Robotics raised a $600M Series C at a $4.1B valuation, Bloomberg reported. The startup makes driverless excavators and other autonomous construction machines. The financing adds capital to a company developing autonomous ...

Techmeme
Capital
Capital

Matiks raises $10 million to expand puzzle games and game creation

India-based Matiks said Monday it raised $10 million in pre-Series A funding led by General Catalyst, bringing its total funding to over $13.5 million. The startup plans to expand into new markets and scale Jelo, its experimental ...

TechCrunch