Norwegian investment firm joins AI gold rush to the frozen north
Briefly

Aker intends to construct an AI facility in Narvik, Norway, located within the Arctic Circle, to harness green energy and natural cooling for data centers. The site has access to 230MW of power, paving the way for construction. The facility is aimed at fostering industrial development, job creation, and generating export revenues. Aker recognizes the unique advantages of northern Norway for attracting investment and fostering innovation in AI and data infrastructure. The facility also presents an opportunity for Aker to enter a new market early.
Aker has announced plans to build an AI 'factory' in the Arctic, leveraging abundant green energy and natural cooling for data centres.
The facility will be located in Narvik, Norway, which has access to 230MW of power and is ready for construction.
AI and data centres are foundational to global business, and northern Norway is uniquely positioned to attract investment and foster innovation.
The AI facility in Narvik represents an opportunity to enter a new value chain early, according to Aker's president.
Read at TNW | Ecosystems
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