Bitdeer will build the largest AI data center in Norway, supporting NVIDIA Vera Rubin technology

BTC-0,55%

Gate News, March 30, Bitdeer’s subsidiary Tydal Data Center AS (TDC) and Norwegian contractor Data Center Installations AS (DCI) reached an agreement to retrofit existing facilities, primarily to support hosted services for Nvidia’s next-generation Vera Rubin AI technology. TDC co-founder and chairman Haakon Bryhni said that the transformation of the Tydal facilities is a cornerstone of Bitdeer’s global strategy, aiming to meet the growth in demand for AI data centers. Previously, Bitdeer had cleared its corporate Bitcoin reserves and planned to raise $300 million through a private placement of convertible preferred notes. In early trading on Monday, Bitdeer’s stock price fell by more than 2%.

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