Georgia joins EU transport network with Anaklia port at heart of Middle Corridor
Georgia has been formally integrated into the European Union's Trans-European Transport Network (TEN-T), bringing Anaklia Deep-Sea Port, Georgi...
OpenAI is set to launch its first European data centre under the Stargate programme, partnering with developer Nscale Global Holdings and Norwegian investment firm Aker ASA to establish a $1 billion facility in Norway, the companies announced on Thursday.
The initiative, named Stargate Norway, will be located near Narvik in the country’s north and will initially house 100,000 Nvidia processors, with plans for a tenfold expansion in future phases to meet rising demand for artificial intelligence infrastructure.
This marks the first Stargate project in Europe, following the recently unveiled Stargate UAE in the United Arab Emirates. The Norwegian data centre will be fully powered by renewable energy sourced from local hydropower, the companies confirmed.
“This kind of infrastructure is essential and will unlock huge potential for developers, researchers, scientists, and startups throughout Norway and Europe,” said OpenAI CEO Sam Altman in a video message.
Shares in Aker ASA climbed 11% to a two-year high of 729 Norwegian crowns before easing to 717 crowns by early afternoon. Aker and Nscale will each hold a 50% stake in Stargate Norway, with a combined initial investment of $1 billion. The facility is expected to consume around 20 megawatts of electricity in its first phase, with OpenAI as its inaugural client.
Aker noted it is collaborating with local energy provider Nordkraft to ensure sufficient power supply for future expansions, targeting an increase in usage to 230 MW, and potentially an additional 290 MW in later stages.
An Aker spokesperson declined to provide further details on the total investment or a timeline for the future capacity increase.
The data centre will operate using Nvidia’s state-of-the-art GB300 Superchip processors, connected through the company’s high-speed NVLink network, Nvidia CEO Jensen Huang said in the presentation.
Nscale CEO Josh Payne added that the facility would be among Europe’s first AI gigafactories.
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrainian Railways said that the country's railways were facing systematic attacks for a second day and warned of widespread delays.
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
Swedes vote in an election on Sunday (13 September) that could see the far-right enter government for the first time if the country's right-wing parties can form a majority.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
Shares in artificial intelligence-related companies fell sharply across Asian markets on Monday, after some of the industry's most prominent chief executives warned that the breakneck pace of AI development needs to slow down.
The head of artificial intelligence company Anthropic has called for the industry to slow the pace at which it develops increasingly capable artificial intelligence (AI) systems, arguing that more time is needed to address the risks they may create.
GITEX AI Türkiye opened in Istanbul on Wednesday, bringing the international technology exhibition network to the country for the first time.
A former OpenAI and Anthropic researcher has quit his job with a stark warning: the companies building some of the world’s most powerful artificial intelligence (AI) systems are racing towards technology they themselves fear could threaten humanity.
Nobel laureate Geoffrey Hinton has warned against rushing to develop artificial superintelligence, arguing that scientists still do not know how to ensure systems more capable than humans remain safe and under control.
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