GIGA-42 Signs MoU for Hyperscale AI Data Centre in Iceland

August 27, 2025 11:01 AM EDT

Global InterConnection Group Limited, the infrastructure development company, is pleased to announce that its recently formed joint venture, GIGA-42 Holdings Limited (“GIGA-42”), has signed a Memorandum of Understanding (“MoU”) with Norðurþing Municipality, Iceland, to collaborate on the development of a large-scale, AI-optimised data centre at Bakki, Húsavík. 'Please see attached document'.



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