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BTCC / BTCC Square / Global Cryptocurrency /
OpenAI Launches First European AI Data Center in Norway with $1B Investment

OpenAI Launches First European AI Data Center in Norway with $1B Investment

Author:
Global Cryptocurrency
Published:
2025-08-01 11:21:02
18
2
BTCCSquare news:

OpenAI has partnered with Norway's Nscale Global Holdings and Aker to establish Stargate Norway, its inaugural European AI data center. The Kvandal-based facility will house 100,000 Nvidia GPUs by 2026, supported by Norway's abundant hydropower resources and below-average electricity costs.

The $1 billion project includes $250 million in initial funding, positioning Norway as a strategic hub for AI development. "Europe needs more compute to realize AI's full potential," stated OpenAI CEO Sam Altman, emphasizing the continent's growing role in advanced technology infrastructure.

|Square

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