Alex Karp buys 15,000-hectare property in northern Sweden

Technology billionaire and Palantir co-owner Alex Karp has bought a 15,000-hectare property in northern Sweden for €25 million.

His newly established Swedish company, Cladonia, describes its activities as forestry and has denied that it plans to build a data center on the property.

The land is described as being almost the size of Stockholm and is located in a remote part of northern Sweden. Publicly available details about the purchase’s eventual purpose remain limited; the company’s denial of data-center plans is presented as its current position.