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