
Microsoft announced today a new agreement valued at over $6 billion with AI hyperscaler Nscale and industrial investment company Aker, providing Microsoft with computing power from a new large-scale AI infrastructure project in Northern Norway, to be powered entirely by renewable energy.
According to Microsoft, the new 5 year agreement “will deliver sustainable AI infrastructure for all of Europe,” to help meet “the exponentially growing demand for efficient, scalable and sustainable AI compute power.”
Microsoft launched a series of “moonshot” sustainability goals in 2020, including commitments to become carbon negative, water positive and zero waste by 2030,

