Web Summit Qatar 2026 opens as Doha positions itself as rising global tech hub
Web Summit Qatar 2026 opened in Doha on Sunday, drawing tens of thousands of founders, investors, policymakers and technology leaders to what organise...
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.
U.S. President Donald Trump said on Saturday that the United States has begun negotiations with European leaders over Greenland and that an agreement is already taking shape.
The United States accused Cuba of interfering with the work of its top diplomat in Havana on Sunday (1 February) after small groups of Cubans jeered at him during meetings with residents and church representatives.
Dmitry Medvedev, said European countries have failed to defeat Russia in Ukraine and have instead inflicted serious economic damage on themselves, as he criticised EU policy, praised Donald Trump as a leader who seeks peace, and said Russia would “soon” achieve military victory in the war.
Iran’s Supreme Leader Ayatollah Ali Khamenei has warned that any U.S. military attack on Iran would spark a wider regional conflict, Iranian semi-official Tasnim news agency reported on Sunday.
U.S. president Donald Trump said Iran is “seriously talking” with the United States and expressed hope that negotiations could lead to an outcome acceptable to Washington.
Web Summit Qatar 2026 opened in Doha on Sunday, drawing tens of thousands of founders, investors, policymakers and technology leaders to what organisers describe as one of the region’s largest digital economy gatherings.
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