A leading artificial intelligence (AI) organization from right here in the Garden State, CoreWeave, continues its remarkable growth and expansion.

The Roseland-headquartered company announced June 5 it will invest $2.2 billion to expand and open three new data centers in continental Europe. The sites are due before the end of 2025.

The announcement builds on a recent $1.3 billion investment in the U.K. It brings CoreWeave‘s total investment in the region to $3.5 billion. NJBIZ has reported the continued momentum of the company, which has also included:

• A recent $7.5 billion debt financing facility led by Blackstone Tactical Opportunities;
• A $1.1 billion Series C;
• A $2.3 billion debt financing facility;
• And more.

CoreWeave stresses the expansion is part of its long-term strategy to provide best-in-class advanced computing solutions for the industry’s most innovative tech companies and AI leaders. That includes NVIDIA’s Blackwell platform and NVIDIA Quantum-2 InfiniBand networking.

The three planned European data centers will add to CoreWeave’s two U.K.-based data centers.

“Europe represents the next frontier for the AI industry and is an important milestone in the next phase of CoreWeave’s growth,” said Mike Intrator, co-founder and CEO, of CoreWeave. “We see enormous opportunity for CoreWeave in Europe – CoreWeave’s GPU infrastructure will provide the European cloud market the computing solutions and tools needed to meet the growing demand for next generation AI applications.”

“CoreWeave’s investments in Sweden will bolster critical in AI infrastructure,” said Swedish Minister for International Development Cooperation and Foreign Trade Johan Forssell. “This is exactly the kind of infrastructure and data power that is a precondition for innovative companies in AI.”

CoreWeave also notes the expansion will help it better serve existing customers who are looking to expand their international footprint and provide critical computing power to accelerate AI progress across the region. Additionally, the recent growth has led to job opportunities, as the company is hiring across several areas.

“We see this as the first of what we hope to be several significant investments in the region as we continue to activate our vision of being the global AI hyperscaler of choice,” said Intrator.