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.
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. It became a preferred Nvidia cloud partner in August.
The first deployment runs Nvidia Blackwell Ultra systems. Delta Computers is the systems integrator for more than 8,000 GPUs. Sites from 2027 onwards will follow Nvidia’s DSX reference design , starting with the UK campus.
The company says its first customer, a US-based AI inference platform, has contracted capacity. SWI Compute offers dedicated and on-demand capacity to European AI start-ups, labs and enterprises, under European jurisdiction.
“SWI Compute is the final piece, providing fully integrated infrastructure for NVIDIA AI factories,” said Max-Hervé George, founder and chief executive of SWI Group.
SWI Group says on its website that SWI Compute emerged from stealth at Nvidia’s GTC Berlin last week. SWI Group, formed by the merger of Icona and Stoneweg, trades on Euronext Amsterdam under the ticker SWICH.
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