A technological revolution is emerging with Stargate Norway. Nscale Global Holdings Ltd., Aker ASA, and OpenAI are partnering to design a cutting-edge AI infrastructure in Narvik. This bold project redefines the boundaries of artificial intelligence in Norway. An innovative partnership promises major advances. Through a balanced joint venture between Nscale and Aker, the new entity aims to transform the technological landscape with robust and resilient solutions. A green light for the digital future.
On July 31, 2025, a strategic partnership was announced between Nscale Global Holdings Ltd., Aker ASA, and OpenAI. This consortium highlights the launch of the Stargate Norway project, an advanced infrastructure dedicated to artificial intelligence, which will be located in the Narvik region in northern Norway.
Location and structure of the project
The AI facility will be located in Kvandal, just outside Narvik. The project will represent a 50/50 joint venture between Nscale and Aker. This collaboration will be established through wholly owned subsidiaries, following the proposed merger between Aker Horizons Holding AS and Aker MergerCo AS.
Conditions of the merger
The details regarding the terms of this merger were revealed in a statement issued by Aker Horizons ASA, dated May 9, 2025. The realization of the joint venture is subject to the fulfillment of agreed closing conditions, making this project conditional on precise administrative steps.
Implications and potential of the project
Stargate Norway represents a significant turning point for the artificial intelligence technology ecosystem in Norway. Beyond the infrastructure, this initiative stimulates local innovation, propelling Narvik as a hub of AI expertise. The ambitions of Aker and Nscale, bolstered by OpenAI’s expertise, open possibilities for new applications, ranging from research to industrial optimization.
Learn more
For more information about this innovative project, the public is invited to join Aker’s corporate communication. For any inquiries, Mats Ektvedt, head of corporate communications, is available by phone or email. This project, in compliance with the EU Market Abuse Regulation, is subject to strict disclosure criteria, ensuring transparency to investors and the general public.
Frequently asked questions
What is the purpose of the Stargate Norway project?
The Stargate Norway project aims to establish an advanced artificial intelligence infrastructure in the Narvik region of Norway, in collaboration between Nscale, Aker ASA, and OpenAI.
Where will the AI facility of Stargate Norway be located?
The facility will be located in Kvandal, near Narvik, and will be managed by a joint venture between Nscale and Aker.
How will the joint venture between Nscale and Aker be structured?
The joint venture will be formed through wholly owned subsidiaries of Nscale and Aker, following the proposed merger between Aker Horizons Holding AS and Aker MergerCo AS.
What are the closing conditions for the establishment of the joint venture?
The establishment of the joint venture will depend on the fulfillment of the closing conditions agreed upon by the involved parties.
Why is OpenAI involved in this project?
OpenAI is involved to bring its expertise in artificial intelligence, thereby contributing to the innovation and development of advanced technologies within the Stargate Norway project.
What technological innovations are expected with Stargate Norway?
Significant innovations in the field of artificial intelligence are expected, including optimized solutions for various industrial sectors, ranging from logistics to healthcare.
When will the Stargate Norway project become operational?
The exact date of operation will depend on the completion of closing conditions and construction milestones, but details will be communicated through official channels once finalized.
What benefits can this project bring to the Narvik region?
This project is expected to boost the local economy through job creation, increased investments, and the development of new skills in the field of artificial intelligence.
How will stakeholders ensure transparency during the project?
Regular press releases will be published to keep stakeholders and the public informed, ensuring good communication regarding the project’s progress and outcomes.
