FilingReader Intelligence
Aker, Nscale, OpenAI launch $1bn Norway gigafactory
July 31, 2025 at 05:10 AM UTC•By FilingReader AI
Nscale, Aker, and OpenAI announce Stargate Norway, a 100,000 NVIDIA GPU AI gigafactory in Narvik, powered by renewable energy. The facility targets 230MW capacity, expandable by 290MW, marking OpenAI's first European data centre.
The 50/50 joint venture commits approximately $1bn to the initial 20MW phase, including upwards of $250m in equity.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
OSL:AKER•Oslo Stock Exchange
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