Bitdeer inks deal to build Norway’s largest AI data center for Nvidia’s next-gen chips
Summary
Bitdeer Technologies is expanding into the AI industry by building Norway’s largest AI data center. The facility, operated by its subsidiary Tydal Data Center AS (TDC), will primarily support Nvidia’s next-generation Vera Rubin AI technology through a partnership with Data Center Installations AS (DCI). This move reflects a broader trend among bitcoin miners like Bitdeer to leverage their infrastructure for the growing AI market, especially as bitcoin mining profitability declines. Bitdeer recently liquidated its bitcoin treasury and is raising $300 million to fund this expansion. According to TDC co-founder Haakon Bryhni, the transformation is a key part of Bitdeer’s strategy to capitalize on the demand for AI data centers while maintaining sustainable growth.
(Source:The Block)