SWI Group launched SWI Compute on 26 October, saying it had ordered approximately US$1 billion of Nvidia systems. The division will offer dedicated and on-demand computing, initially concentrating on Europe.[1][2]
The group combines sites, power and computing equipment. Its power portfolio and first installations are at different development stages.[1]
Capacity figures and their status
| Scope | Capacity | Reported status |
|---|---|---|
| Group power platform | 3.6 GW | Secured across Europe and the USSource 1 |
| Cambridge opening phase | 30 MW | Planned online by end-2027Source 2 |
| Spain, with Templus | 13 MW | Deployment agreement announced 26 OctoberSource 3 |
The Cambridge phase plans close to 7,000 Rubin GPUs, a first step towards SWI’s target of 2.3 GW of European AI-factory capacity by 2029.[2]
Equity for the build-out
The launch follows an €800 million capital increase announced by SWI Group on 12 October. Issuing new ordinary shares took equity raised since March above €1 billion, according to the company. It earmarked proceeds for power infrastructure, compute deployments and development across Europe and the United States.[4]
The Spanish agreement names Templus as the infrastructure partner for 13 MW. Its announcement gives no commissioning date, leaving the Cambridge end-2027 target as the clearer near-term milestone in SWI’s published plans.[3][2]
Sources & further reading
- SWI Compute launch SWI Group · 26 Oct 2026 · Accessed 28 Oct 2026
- SWI Compute infrastructure plans SWI Compute · Accessed 28 Oct 2026
- Templus and SWI agree Spanish AI capacity SWI Group · 26 Oct 2026 · Accessed 28 Oct 2026
- SWI Group capital increase SWI Group · 12 Oct 2026 · Accessed 28 Oct 2026