OpenAI spearheads one of Europe’s biggest data centers with 100,000 Nvidia chips

OpenAI spearheads one of Europe’s biggest data centers with 100,000 Nvidia chips


Jaque Silva| Nurphoto | Getty Images

OpenAI on Thursday said it is launching a Stargate-branded AI data center in Norway, marking its first foray into Europe with such a project.

British firm Nscale will design and build the site as part of a 50-50 joint venture with Norwegian energy infrastructure firm Aker.

OpenAI will be a so-called “off-taker” in the project, meaning it will effectively buy capacity from the data center.

The site aims to deliver 100,000 NVIDIA graphics processing units (GPU) by the end of 2026, “with the intention to expand significantly in the years ahead,” OpenAI said in a press release. The companies said the data center will run entirely on renewable power and have 230 megawatts of capacity, making it one of the biggest in Europe.

Nvidia’s GPUs have become the de facto choice of chips for data centers because of their ability to handle large AI workloads.

For the Norway project, Nscale and Aker have each committed around $1 billion to the initial 20MW phase of the project. The site will be located in Kvandal, just outside Narvik in northern Norway. The companies said the region is characterized by “abundant hydropower, low local electricity demand, and limited transmission capacity.”

Stargate was initially launched this year in the U.S. as an infrastructure project between OpenAI, Oracle, Japan’s SoftBank, and the UAE’s MGX. The project aims to invest $500 billion over the next four years, building out AI infrastructure.

OpenAI has looked to take this initiative globally. In June, the company and its partners announced plans to build a Stargate campus in the UAE.

Europe has meanwhile been pushing the concept of “sovereign AI,” requiring data centers and AI workloads to be located and processed on European soil.

Companies like Nvidia and OpenAI have also been touting their ability to deliver sovereign AI as they look to expand their businesses.

In a trip to Europe this year, Nvidia CEO Jensen Huang urged the continent to build more AI infrastructure. French AI company Mistral announced plans to use Nvidia’s GPUs in a new data center planned for France.



Source

Brent oil spot price for actual cargo soars to 1, highest level since 2008 financial crisis
World

Brent oil spot price for actual cargo soars to $141, highest level since 2008 financial crisis

The spot price for current physical cargoes of Brent crude oil soared Thursday to $141.36, the highest level since the 2008 financial crisis, according to S&P Global, which tracks the data. The spot price reflects the demand for Brent oil that will be delivered in the next 10 to 30 days. The high price for […]

Read More
Coinbase clears key regulatory hurdle in bid to bolster its stablecoin business
World

Coinbase clears key regulatory hurdle in bid to bolster its stablecoin business

Costfoto | Future Publishing | Getty Images Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank, the company said Thursday. If finalized, the crypto exchange will be able to operate payment products in addition to its custody business under federal supervision, Coinbase chief […]

Read More
Trump’s Iran war speech paints a grim picture for oil markets with more than 600 million barrels at risk
World

Trump’s Iran war speech paints a grim picture for oil markets with more than 600 million barrels at risk

President Donald Trump has doubled down on the U.S. war against Iran, spiking oil prices Thursday as traders prepare for a longer conflict that will exacerbate the already deep disruption to global energy supplies. The oil market had hoped Trump would present a clear exit strategy during his national address Wednesday night. Instead, the president […]

Read More