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.