The world's largest AI data center will be built in Alberta. The center is planned to be built in northwestern Alberta. The cost is expected to be about $70 billion. The project will be implemented in collaboration with the municipal district and O'Leary Ventures, led by Canadian billionaire Kevin O'Leary.
The project, called Wonder Valley, will be located primarily in the Greenview Industrial Gateway (GIG). GIG and O'Leary Ventures have signed an agreement to purchase and develop thousands of acres around GIG for the project. Greenview MD Reeve Tyler Olsen said this is an investment in the future of Canada's innovation and economic expansion. He said that this is a step that will create lasting benefits not only for his municipality but also for the surrounding communities and the country as a whole. According to O'Leary, "This will also enable hyperscalers to generate 7.5 GW of electricity at a low cost in the next five to ten years. Hyperscalers are large-scale data centers that can provide cloud computing and data solutions.
The project is intended to be implemented in phases. The first phase will generate 1.4 GW of electricity, with the goal of generating an additional one gigawatt each year after that. The first phase is expected to cost about $2.8 billion. A total investment of more than $70 billion is expected for infrastructure, power, data centers and related structures.