Cerebras Systems shares climbed nearly 4% in premarket trading after the artificial intelligence infrastructure company outlined plans to expand its European footprint with new data center capacity, according to a Wednesday company statement. Cerebras said it plans to invest several billion dollars to build AI infrastructure across France and the Nordic region, expecting to bring its first European capacity online by the end of 2026 and target about 200 megawatts of total capacity by the end of 2027. Part of the infrastructure is expected to support workloads from partner OpenAI. Planned facilities in Norway and Finland will help meet growing customer demand for high-performance AI computing located in Europe. Cerebras made its Nasdaq debut in May after selling 30 million shares in its initial public offering. Its customer base includes Amazon Web Services, Meta Platforms and IBM, alongside OpenAI.