Ardent Data Centers has revealed a €110m investment strategy to expand its ability to provide colocation services for HPC and AI compute power across Europe and the US.
It has agreed Letters of Intent (LOI) with two data centre sites in the US, and is the preferred bidder on a key, strategic site in the UK. All three acquisitions are on track to be finalised by the end of Q1 2024, and form part of the overall investment strategy announced by mother company Northern Data Group.
The assets will form part of Ardent Data Centers’ expanding portfolio of next generation, high-density data centres, with the capacity helping to address the surging demand for compute power needed for generative AI applications. They will support Northern Data Group’s strategy to capture the extensive opportunity in the global HPC (high-performance computing) market.
As part of the strategy, Ardent will support its sister company and anchor tenant, Taiga Cloud, providing more infrastructure for its current and future Nvidia H100 infrastructure deployments, starting with the upcoming expansion at Ardent Data Centers’ sites across Northern Europe.
Corey Needles, managing director of Ardent Data Centers, said: “The acquired sites will represent an important next step in the expansion of our portfolio, and are the most recent in a series of investments across strategic locations, with more to come.”
