Microsoft to invest US$6.2 billion in AI computing capacity in Norway

Microsoft to invest US$6.2 billion in AI computing capacity in Norway

Microsoft has announced a US$6.2 billion investment to lease artificial intelligence (AI) computing capacity in Narvik, Norway. The capacity will be provided by UK cloud infrastructure firm Nscale and Norwegian energy company Aker, utilizing 100% renewable energy under a five-year agreement starting in 2026.

Microsoft Strikes $6B Deal in Norway

The deal will create one of Europe’s largest renewable-powered AI infrastructure projects.

Microsoft’s $6.2B Deal Powers AI Expansion in Norway with Green Energy

Microsoft Corp. has inked a landmark $6.2 billion agreement to rent artificial intelligence computing capacity in Norway, marking a significant push into renewable-powered data centers amid the global race for AI dominance. The five-year deal with Nscale Global Holdings Ltd. and Norwegian industrial giant Aker ASA will provide Microsoft with high-performance GPU clusters in the northern town of Narvik, leveraging Norway’s abundant hydroelectric …

Microsoft inks $6.2B deal for AI infrastructure in Norway

Microsoft agreed a $6.2 billion deal with two companies to build sustainable infrastructure in Norway to better serve Europe with renewable and scalable AI and cloud services. According to a blog by Microsoft, it is partnering with data centre company Nscale Global Holdings and Norwegian industrial investment company Aker ASA to build the AI infrastructure in Narvik, which is town above the Arctic Circle. It noted Narvik has abundant hydropower,…