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Aker (AKER) investor relations material
Aker Partnership summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Opening remarks and agenda
Stargate Norway announced as a landmark partnership to deliver a 100,000 NVIDIA GPU AI gigafactory powered by renewable energy in Northern Norway, marking OpenAI's first European gigafactory initiative.
Event opened with a welcome and introduction to Stargate Norway, highlighting its ambition to deliver sovereign-grade AI infrastructure powered by renewable energy.
The agenda included remarks from leaders at Aker, Enscaler, OpenAI, and NVIDIA, focusing on the launch of a strategic joint venture and partnership.
The project aims to establish sovereign, scalable, and sustainable AI infrastructure for Europe, fully aligned with regulatory frameworks.
Objectives of the partnership
Aim to build secure, scalable, and energy-efficient AI infrastructure in Northern Norway for sovereign workloads across Europe.
Project seeks to generate economic activity, support capability development, and drive long-term innovation in the region.
Commitment to reflect European values of openness, security, and democratic access in AI deployment.
Support public benefit, industrial resilience, and long-term regional innovation through sustainable infrastructure.
Partner introductions and roles
Aker brings industrial experience, local presence, and project execution capabilities.
Enscaler (Nscale) leads design and construction, leveraging experience in sovereign-grade AI infrastructure.
Aker and Nscale will form a 50/50 joint venture, each contributing equally to equity and resources.
OpenAI provides advanced AI research, marks its first European gigafactory investment, and acts as an initial offtaker and strategic technology partner.
NVIDIA supplies advanced GPUs and technology for the facility.
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