OSLO (Reuters) -Norway’s Aker ASA said on Thursday it is partnering with Nscale Global Holdings and OpenAI to build an artificial intelligence facility in northern Norway, aiming to install 100,000 NVIDIA chips by the end of 2026. The partnership, called Stargate Norway, will use 100% renewable energy to power the AI facility, Norwegian conglomerate Aker said in a joint statement with Nscale and OpenAI. Stargate Norway will be owned by a 50/50 joint venture between Nscale and Aker, investing about $1 billion for the initial phase of the project and with the potential to increase the site’s capacity tenfold in future phases, they said.

Norway’s Aker ASA said on Thursday it is partnering with Nscale Global Holdings and OpenAI to build an artificial intelligence facility in northern Norway, aiming to install 100,000 NVIDIA chips by the end of 2026.

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As the technology continues to evolve at breakneck speed, artists and producers here are concerned about the lack of regulation around the tech.

Nvidia met with Beijing officials on Thursday regarding potential national security risks posed by the resumption of its H20 chip exports to the country.

China’s cyberspace regulator said it has asked U.S. semiconductor maker Nvidia to explain whether its H20 artificial intelligence chips have any backdoor security risks.

Tech can assess risk level posed by inmates amid rising violence against staff in jails

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Aker ASA ( ($AKAAF) ) just unveiled an update. Aker ASA, in collaboration with Nscale Global Holdings Ltd. and OpenAI, announced the launch of Stargate Norway, a re…

Malaysia has set its sights on becoming an inclusive and sustainable artificial intelligence (AI) nation by 2030, while positioning itself as a regional hub for digital technology manufacturing, according to the 13th Malaysia Plan (13MP) report.