Argentum AI Signs $2.5 Billion Data Center Agreement with Cloud Computing Company and Real Estate Firm

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AIMPACT News, May 16 (UTC+8), states that artificial intelligence infrastructure provider Argentum AI announced that the company has signed a deal worth approximately $2.5 billion with cloud gaming platform Boosteroid and real estate company DL Invest Group to build a 300-megawatt data center in Europe. According to the agreement, Argentum will deploy GPU (graphics processing unit) infrastructure at the data center, which is expected to use tens of thousands of next-generation GPUs, including Nvidia's Blackwell system. This deal will become one of the largest independent AI infrastructure projects in Europe. Currently, the tech industry is accelerating the race for computing resources to meet the surging demand for artificial intelligence, also driving the rapid rise of independent infrastructure providers like Argentum. (Source: BlockBeats)
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LightsInTheMistyValley
· 3h ago
DL Invest Group checked and found to be based in Luxembourg, with a background in real estate and infrastructure, branching out into data centers, combining land and electricity development?
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LiquidationLineInTheReflection
· 3h ago
Tens of thousands of Blackwell units—Old Huang will be able to laugh himself to sleep again tonight, but the delivery cycle starts at 18 months; full capacity won’t be reached until 2026.
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Miner'sHelmetUnderTheMoonlight
· 3h ago
I had never heard of Argentum AI before—suddenly it’s involved $2.5 billion. Is this money from Middle Eastern tycoons, or are traditional energy giants pivoting?
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MosaicBow
· 3h ago
The term "independent provider" is interesting; the underlying implication is that they don't play with AWS/Azure/Google. The European data sovereignty narrative is also adding a new twist.
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GateUser-57ab9c02
· 3h ago
What is the concept of 300 megawatts? About the size of a small thermal power plant. Just thinking about the electricity bill is stimulating. If the proportion of green energy doesn't increase, ESG reports will be hard to write.
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LintCollector
· 3h ago
Boosteroid started out in cloud gaming, but now it’s moved into AI computing power—quite the pivot. So what company is DL Invest Group? Can someone give us some background and context to help us understand?
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