A major global investment firm is committing a massive $10 billion towards developing cutting-edge AI data centers located in Sweden. This significant capital infusion aims to build Hyperscale facilities designed specifically to support the intense computational demands of Artificial Intelligence.
The company has secured strategic land and power resources within Sweden, leveraging the country’s favorable climate and abundant renewable energy sources, which are crucial for powering energy-intensive data operations sustainably. This ambitious undertaking is a multi-year project, expected to reach a total portfolio value of $10 billion upon completion. The initiative is being executed in partnership with EdgeConneX, combining expertise to deliver robust and scalable infrastructure essential for the future of AI processing. This move represents a substantial expansion of digital infrastructure capabilities in the Nordic region, positioning Sweden as a key hub for future AI innovation and deployment.
Source: https://www.datacenterdynamics.com/en/news/brookfield-plans-to-spend-10bn-on-a-swedish-ai-data-center/
