Nscale, Aker ASA and OpenAI to establish Stargate Norway
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2025
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Should l Buy ?
Source: Yahoo Finance
Joint Venture Announcement: Aker ASA, Nscale Global Holdings Ltd., and OpenAI have announced the launch of Stargate Norway, an advanced AI infrastructure project located in Narvik, Northern Norway, through a 50/50 joint venture between Nscale and Aker.
Merger Conditions: The establishment of the joint venture is contingent upon the completion of a merger between Aker Horizons Holding AS and Aker MergerCo AS, with specific closing conditions that must be met.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
