Credit: SWI Group

SWI Group, the Amsterdam-listed investment group, has launched SWI Compute to build and run Nvidia AI factories, starting in Europe. The new business has ordered about $1bn of Nvidia systems and plans its first large site in the UK.

That UK factory will start at 30MW. It will hold close to 7,000 Rubin GPUs and 3,500 Vera CPUs in Nvidia Vera Rubin NVL72 racks. It is due online by the end of 2027, the company said in a press release on Monday. SWI plans to grow the campus to 530MW.

“Energy availability represents the primary bottleneck facing European AI infrastructure,” said Halil Mirakhmedov, chief executive of SWI Compute.

Power first, then GPUs

SWI Group says it spent six years securing 3.6GW of power capacity. That covers 24 sites in Europe and the US. Its five European campuses are in Ireland, the UK, Denmark, Spain and Italy. A major hyperscaler already leases one of them.

SWI Compute aims for 2.3GW of Nvidia AI factory capacity by 2029.…