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  • 5 Posts
  • 17 Comments
Joined 2 years ago
Cake day: June 17th, 2023
  • ikt@aussie.zonetoBuy European@feddit.uk•OpenAI to launch AI data center in Norway, its first in EuropeEnglish
    1·
    2 days ago

    Somebody didn’t read the article :P

    Nscale will design and build the site, and it will be a 50/50 joint venture between the two companies. OpenAI will be an “off-taker” in the project, buying capacity from the data center.

    also

    Nscale and OpenAI told TechCrunch that Stargate Norway isn’t a part of the European Union’s plans to scale AI at home. Nscale CEO Josh Payne told CNBC that part of the purpose of this project is to “leverage European sovereign compute” for the benefit of the continent. Norway’s AI ecosystem, like startups and scientific researchers, will get priority access to the center.

    On top of this:

    So far, the EU has put up 10 billion euros ($11.8 billion) in funding to set up 13 AI factories and 20 billion euros as a starting point for investment in the gigafactories, marking what it says is the “largest public investment in AI in the world.” The bloc has already received 76 expressions of interest in the gigafactories from 16 member states across 60 sites, Virkkunen said.

    Great! what are you waiting for? build them?

    However, in order for the factories to make a noteworthy addition to Europe’s computing capacity, significantly more investment will be required from the private sector to fund the expensive infrastructure.

    oh…

    https://www.cnbc.com/2025/07/29/europe-sets-its-sights-on-multi-billion-euro-gigawatt-ai-factories.html