(Bloomberg/Brody Ford) — Microsoft Corp. will pay $6.2 billion to rent AI computing power in Norway.
The British data center company Nscale Global Holdings Ltd. and Norwegian investment company Aker ASA will provide the capacity, the companies said in a statement Wednesday. The project will be powered by “secured grid capacity and entirely renewable electricity.”
The world’s largest software maker has been renting more cloud capacity from third-party providers such as Coreweave Inc. of late. Last week, Microsoft inked a deal worth as much as $19.4 billion with Nebius Group NV. These so-called neoclouds typically use high-powered chips from Nvidia Corp. to provide computing for artificial intelligence services.
Earlier this week, Microsoft announced a separate partnership with Nscale to develop a data center near London with more than 23,000 advanced graphics processing units. Microsoft said it would spend about $15 billion on cloud infrastructure in the UK over the next four years — an announcement that coincided with President Donald Trump’s state visit to the country.
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Originally Published: September 17, 2025 at 8:57 AM PDT