Aker, Nscale Global and OpenAI to form a $1bn joint venture Stargate Norway.

Aker, an industrial investment company, and AI infrastructure companies Nscale Global and OpenAI, agreed to form a $1bn joint venture Stargate Norway, an advanced AI infrastructure project in Narvik, Northern Norway, in a $1bn deal. “Announcing Stargate Norway and delivering one of the first European AI Gigafactory to market is a strategic milestone for the region and boosts its role in the global AI landscape. Sovereign, scalable and sustainable infrastructure is now essential to remain competitive. We’re proud to partner with Aker, drawing on the team’s extensive experience and impressive track record, to deliver a new generation of AI economic and productivity growth in Europe. Together, we are combining OpenAI’s leading models with Nscale’s vertically integrated AI cloud, to provide the sustainable infrastructure necessary to support public benefit, build industrial resilience and enable long-term regional innovation," Josh Payne, Nscale CEO.