rewrite this content using a minimum of 1000 words and keep HTML tags
OpenAI has announced plans to use a new data center in northern Norway to support its artificial intelligence (AI) operations in Europe.
The facility, called Stargate Norway, will be developed in partnership with British tech firm Nscale and Norwegian energy company Aker.
The center will be built near the town of Narvik, an area known for its access to renewable energy, cold weather, and strong industrial setup. These factors help lower energy costs and improve efficiency, especially for cooling large amounts of hardware.
Did you know?
Subscribe – We publish new crypto explainer videos every week!
What is Solana in Crypto? (Beginner-Friendly Animation)
The data center will run on renewable power and use a liquid cooling system to keep equipment at the right temperature. Extra heat from the machines will be shared with local businesses that rely on low-emission energy.
Stargate Norway will be owned by a joint venture between Nscale and Aker, with both companies holding equal shares. OpenAI will not own the facility but will buy computing power from it.
The company said the setup allows it to meet demand in Europe without building and running the center itself.
OpenAI expects the data center to start with 230 megawatts of power and plans to grow that to 290 megawatts. By the end of 2026, the goal is to have 100,000 NVIDIA graphics units installed.
Nscale and Aker have each committed about $1 billion for the first phase of the project.
On July 22, OpenAI partnered with Oracle to boost its AI computing capacity by an additional 4.5 gigawatts. What did CEO Sam Altman say? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this
Source link
