Swedish telco Telia Company has named Patrik Hofbauer as its new president and CEO, bringing the company's search for a CEO since July to an end. The board of directors agreed with the decision to appoint Hofbauer, and he will be leaving his role as CEO of the gambling firm Svenska Spel to beg...

Karnfull Next, a Swedish nuclear corporation, has announced plans for a campus of small modular reactors (SMRs) on the Swedish coast that will power data centers. The company intends to construct the facility in Nykoping, on the Swedish east coast, where the nuclear software company Studsvik c...

Genesis Digital Assets Limited (GDA) has established a crypto mining data center in northern Sweden. Located near the 417 MW Porjus hydroelectric power station, the current capacity of this facility is 8MW, but expansion is planned for the future. It was previously used as a 'traditional' data...

A new Swedish startup called Evroc intends to open several large data centers throughout Europe. In its pre-seed round, the company raised $13.9 million, but it hopes to raise $3.2 billion in the following two years to build and run two hyperscale data centers in Europe. Long-term, Evroc aims ...