CRWV is trading 4.1% up at $105.00 after-hours following the announcement of a significant expansion of its AI cloud infrastructure in Europe.
- CoreWeave, Inc. announced a co-location agreement with Conapto, expanding its data center sites in Europe to eight and providing immediate capacity for AI innovators in Sweden.
- This strategic expansion aims to meet accelerating demand from AI labs, enterprises, and developers across the continent, further bolstering its position in the robust AI infrastructure market.
- The move follows earlier reports of strong Q1 2026 revenue and a substantial revenue backlog, highlighting continued growth in AI-related infrastructure demand.