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Argentum AI signs $2.5 billion data center deal with cloud, real estate firms
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Argentum AI signs $2.5 billion data center deal with cloud, real estate firms
May 15, 2026 3:10 AM

May 15 (Reuters) - Argentum AI has signed a deal worth

around $2.5 billion with cloud gaming firm Boosteroid and real

estate company DL Invest Group for a 300-megawatt data center in

Europe, the artificial intelligence infrastructure provider told

Reuters on Friday.

Under the deal, Argentum said it will deploy graphics

processing unit infrastructure in a data center, with the

company expected to use tens of thousands of next-generation

GPUs, including Nvidia's ( NVDA ) Blackwell systems in the

future.

The deal will be one of the largest independent AI

infrastructure projects in the region. It comes as the tech

industry rushes to secure compute capacity to meet soaring

demand, leading to the emergence of independent infrastructure

providers such as Argentum.

The companies will formally announce the deal later on

Friday.

Boosteroid has built and deployed dense GPU infrastructure

in 29 data centers across Europe and the Americas.

Argentum said it is engaging with U.S. financial

institutions and global investment banks to structure and

provide large-scale financing to support hyperscale AI

infrastructure deployments.

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