The facility is part of a yearly European investment estimated at US$1.27 billion by the Chinese social media app.
Founder and Editor, The Tech Capital
2 Mins
July 17, 2023 | 10:43 PM BST
Minister of Local Government and Regional Development Sigbjørn Gjelsvik. PHOTO: RAGNE B. LYSAKER, CENTER PARTY
The Norwegian Government has this week given the thumbs up for the development of a hyperscale data centre campus to be used by Chinese social media app TikTok.
Founder and Editor, The Tech Capital
3 Mins|May 04, 2024
3 Mins|May 03, 2024
3 Mins|May 02, 2024
Norwegian-managed capital behind funding of new data centre platform
Norwegian TMT company Telenor said it will set up a new company alongside energy and infrastructure...
Can a new made-in-Europe cloud put an end to foreign dominance?
Data sovereignty has long made headlines across the European continent, yet, to date the major mark...
Lefdal Mine triples Nordic data centre power capacity
Lefdal Mine Datacenter have added 60 MW power capacity to its underground data centre campus in Nor...
EcoDataCenter new site part of wider $1.75bn investment in Sweden
Nordic data centre operator EcoDataCenter has announced it will deploy a new data centre campus in ...
TikTok to invest $1.27 billion yearly in European data centres
Chinese social media app TikTok has unveiled plans to expand its data centre capacity in Europe bot...
KKR-led consortium in $3.6bn deal over Norwegian fibre assets
A consortium led by KKR & Co Inc (KKR) (NYSE: KKR), investing through its Core Infrastructure s...
