US AI chip maker Cerebras announced a major European expansion. The company plans to bring its first European data center online by the end of 2026, with rapid growth across France and the Nordics to follow.
The initiative aims to build a network of AI data centers by the end of 2027, with a combined power capacity of 200 megawatts. Cerebras CEO Andrew Feldman described the investment as "massive expansions" worth several billion dollars.
This move targets surging demand for local, low-latency AI infrastructure from European businesses and governments. It also addresses concerns about data sovereignty and reliance on US-based providers.
Part of the new capacity is expected to support OpenAI workloads under an existing partnership. The expansion positions Cerebras to directly challenge Nvidia, which currently powers the majority of Europe's announced AI projects.
Cerebras, which raised $5.5 billion in its May IPO, specializes in chips for AI inference. This is the process that handles user queries and tasks for AI agents, a sector seeing explosive growth.