An artificial intelligence infrastructure company has announced a massive $2.5 billion partnership to develop one of Europe’s largest independent AI data facilities, according to a Friday announcement.
Argentum AI revealed the partnership with cloud gaming company Boosteroid and real estate firm DL Invest Group will create a 300-megawatt data center somewhere in Europe. The AI infrastructure provider shared details of the agreement with Reuters on Friday.
The arrangement calls for Argentum to install graphics processing unit infrastructure within the data center facility. The company anticipates utilizing tens of thousands of cutting-edge GPUs, with plans to incorporate Nvidia’s Blackwell systems down the road.
This partnership represents one of the region’s most significant independent artificial intelligence infrastructure ventures. The agreement reflects the technology sector’s urgent push to secure computing power as demand continues to skyrocket, creating opportunities for independent infrastructure companies like Argentum.
The three companies plan to make a formal public announcement of their collaboration later Friday.
Boosteroid currently operates dense GPU infrastructure across 29 data centers throughout Europe and the Americas.
Argentum indicated it is working with U.S. financial institutions and international investment banks to arrange large-scale financing options for massive AI infrastructure projects.
