Overview

• OpenAI and Oracle have formalized plans to add 4.5 GW of AI compute capacity across U.S. data centers under the Stargate Project.
• Stargate Norway, a joint venture of Nscale and Aker near Narvik, will start with 230 MW of hydropower-driven capacity, expandable to 520 MW.
• The Norway site aims to deploy 100,000 Nvidia GPUs by the end of 2026 using direct-to-chip liquid cooling to maximize efficiency.
• Nscale and Aker each committed $1 billion to Stargate Norway’s initial 20 MW phase, though full funding arrangements and build schedules remain in development.
• The initiative underscores intensifying global competition for AI infrastructure, blending U.S. ambitions for scale with Europe’s push for data sovereignty.