Nebius to Build 240MW AI Data Centre Near Lille as CoreWeave Faces Profitability Challenge

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Nebius will build a 240MW data centre near Lille, France to serve high-performance AI and cloud workloads. CoreWeave remains unprofitable, with much of its existing order backlog tied to a small cohort of customers.

1. Nebius Data Centre Plan

Nebius has announced plans to construct a 240MW data centre near Lille, France, to support large-scale AI and cloud services. The facility’s substantial power capacity underlines growing European demand for high-performance computing infrastructure.

2. CoreWeave Financial and Customer Outlook

CoreWeave, known for its cloud-based GPU offerings, has yet to achieve consistent profitability and reported much of its current backlog originates from a limited group of clients. The company must diversify its customer base to convert infrastructure demand into sustainable revenue growth.

Sources

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