Bitdeer Signs Deal to Build Norway’s Largest AI Data Center for Nvidia Vera Rubin Chips

Bitdeer Technologies has signed an agreement to build what is expected to become Norway’s largest artificial intelligence data center, marking a major step in its transition from bitcoin mining to high-performance computing infrastructure. The project will be developed through its subsidiary, Tydal Data Center AS (TDC), which entered into a deal with Norwegian contractor Data Center Installations AS (DCI) to build and convert an existing facility.

The data center will primarily provide co-location services designed to support Nvidia’s next-generation Vera Rubin AI technology, according to company statements.

Shift Toward AI Services as Mining Profitability Declines

The agreement reflects a broader industry shift as bitcoin miners seek alternative revenue sources amid declining mining profitability. Bitdeer has increasingly focused on supporting the growing artificial intelligence sector through computing capacity and infrastructure development.

The move follows recent financial actions, including emptying its corporate bitcoin treasury and announcing plans to raise $300 million through a private placement of convertible senior notes, signaling continued investment in AI-driven infrastructure growth.

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