Synapse Data Center Proposes $10 Billion AI Hub in Olds, Alberta
Synapse Data Center Inc. has proposed a $10 billion investment to construct a one-gigawatt data center in Olds, Alberta, which is set to create 2,000 construction jobs and over 1,000 long-term technology positions. The facility, designed to be ten times larger than current Canadian data centers, will operate using a closed-cycle natural gas system, independent of the provincial grid. The Town of Olds is seeking regulatory approvals to advance the project, highlighting its potential economic and technological impact.
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Synapse Data Center Inc. announced plans for a one-gigawatt data center in Olds, Alberta, representing a $10 billion investment with a two-year construction timeline. The project aims to create 2,000 construction jobs and over 1,000 long-term technology positions.
The facility is designed to be 10 times larger than existing Canadian data centers and will utilize a closed-cycle natural gas system for power, independent from the provincial grid. The Town of Olds will pursue necessary regulatory approvals through relevant authorities, emphasizing the project's potential economic and technological benefits.
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