Search results for Norway
AI & Enterprise
OpenAI drops Norway \'Stargate\' data centre plan as Microsoft steps in
OpenAI has withdrawn plans to lease computing capacity directly at the 230-megawatt \'Stargate Norway\' data centre in Narvik. The facility is being built by British AI cloud startup Nscale, but OpenAI did not reach a final contract after discussing leasing about half the capacity. OpenAI is now discussing leasing local computing resources through partner Microsoft, which is set to take the previously earmarked capacity.
Crypto
Denmark crypto ownership stalls at 4 percent
Crypto ownership in Denmark has remained at 4 percent since 2023, lagging major European countries, a report for central bank staff showed. The report pointed to a conservative stance by banks, tax burdens and risk perceptions as constraints on wider adoption. Most holders reported less than 10,000 Danish crowns in crypto. Total national holdings were estimated at $317 million to $847 million, while indirect exposure via crypto-related shares and ETPs totalled $211 million.
Industry
GDI, not GDP, emerges as new economic metric defining AI powerhouses
Gross Domestic Intelligence, or GDI, is gaining attention as a new metric for judging national competitiveness in the AI era, Business Insider reported. The concept measures countries’ AI resource holdings by focusing on access to compute infrastructure such as GPUs, network equipment and data centres. Morgan Stanley analysts said investors may start assessing GDI resources at the national level. Epoch AI estimated the United States accounts for about 75 percent of global AI compute, with China at about 10 percent.
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AI & Enterprise
Bitdeer to develop Norway\'s largest AI data centre to support Nvidia\'s Vera Rubin
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Industry
Samsung Electronics AI appliances win first AI Trust Mark in South Korea
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Industry
U.S. falls behind in EV race, risking becoming auto industry backwater
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Telecommunications & Media
Europe\'s teen social media curbs put South Korea policy in spotlight
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Industry
Trump cites NATO Greenland framework, rules out force and drops tariffs
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AI & Enterprise
AI adoption spreads as digital divide widens, DeepSeek gains
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Finance
Korea household debt-servicing burden falls for seventh straight quarter, lowest since COVID-19