About Us
Powering the AI Revolution, Sustainably
We are a team of serial entrepreneurs, veteran engineers, and industry leaders building the future of European AI infrastructure — without compromising the planet.
Our Mission
AI Green Bytes is dedicated to supporting the AI revolution by building sustainable and power-efficient state-of-the-art data centres — what we call GPU Centres. Our clients access high-end GPUs through our GPU Cloud service rental platform.
As AI technologies continue to redefine industries and reshape the future, the demand for powerful computing resources has never been greater. By building and operating GPU Centres optimised for AI workloads, we provide the essential infrastructure that drives innovation.
We have embraced immersion cooling technology to increase server density, eliminate noise, and significantly lower power consumption. We use only 100% biodegradable cooling fluid, re-use heat into buildings, use zero water, and our GPU Centres are all zero emission.
Leadership
The Team Behind AIGB
Decades of combined experience in technology, entrepreneurship, and data center operations.
Experienced Management Team
Stig Torvund
CEO & Chairman
Initiator of AI Green Bytes and experienced serial entrepreneur, chairman and CEO with over 30 years of international business experience. Proven track record of successful startups from inception to trade sale / IPO: Founder/CEO of Infostream, Smart Call & Green Energy Group. Deep knowledge of Software, IT Technology, Renewable energy, Sustainability, Corporate Finance, Strategy, Management and Execution. Started his career at Dow Jones Markets and holds an MBA and Master of Management from Norwegian School of Economics.
Kjartan Kjartansson
COO
An experienced IT leader in product management, project management and Enterprise Architect in the financial sector. Focused on process management, content management and customer relationship management with team building and striving for customer's success. Over 25 years of leading cross-functional teams in startups and enterprises — delivering innovation, product quality, and operational excellence at scale. (Islandsbanki, CoreData, Wise). Proven ability to turn strategy into action — across startups, mergers, and enterprise transformation. Proven track record of successful implementation of ISO 27001 in tech companies.
Umur Korkut
Director Sales and Marketing
12+ years award-winning leader in digital transformation & growth. Proven revenue driver for global brands: L'Oréal, Unilever, Samsung, McDonald's, Bosch, Huawei. Key Leadership Experience: Country Manager, Insider (Sequoia-backed AI Growth Platform); COO & Country Manager, Alegra (multi-device SaaS); E-commerce & Digital Director, Sportive & OXXO (full P&L, omni-channel). Now leading global Sales & Marketing at AI Green Bytes.
Experienced Technology Management Team
Olafur Sigurvinsson
CTO
Initiator of AI Green Bytes and over 30 years of experience as a tech entrepreneur, starting with the launch of one of the earliest ISPs in Iceland in 1993 and establishing the first data center in Reykjavik. Proven track record in data center operations, having led major projects at AT&T, Ericsson, and MCI Worldcom. Expert in optimizing data center efficiency, with a focus on reducing carbon footprints. 5 years of experience in Immersion Cooling technology.
Arnar Dagsson
Director, AI Cloud
Over 20 years in technology: IT consultancy, solutions architecture & software dev. Proven expertise in cloud integration: led IT solutions at Ice Development Consulting and Sønderjysk Forsikring G/S. Served as a Full Stack TIA Developer, specializing in Java, ADF, REST APIs, PL/SQL, and Forms. Designed and developed front-end and back-end solutions for insurance industry software. Collaborated with stakeholders to gather requirements and ensure seamless IT integration.
Jóhann Haukur Gunnarsson
AI Director
Jóhann Haukur Gunnarsson brings critical expertise from his previous role as a Principal Engineer at Ripple, a leader in enterprise blockchain and crypto solutions. His work at the intersection of distributed systems, fintech, and global compliance provides invaluable insight into building scalable, secure, and regulatory-aware platforms. He developed large-scale software projects like EVE Online and a deep background in software quality management, making him ideal to spearhead the development of a robust, trustworthy AI compute layer.
Roadmap
Our Journey
Founded
AI Green Bytes established in Tølvsrød, Norway. First immersion cooling prototypes deployed and tested.
First GPU Centre
Sites planned in Jotunheimen (Norway) and Iceland (Akureyri & Keflavík). 282 GPUs and 3 immersion tanks. Hardware tested in Barcelona Q2 2025.
Seed Round & Paris Pilot
€0.6M + €1M seed funding. Pilot deployment in Paris. 282 GPUs operational. TSXV listing in Toronto planned for Q3.
Series A & First Launch
€15M A Round. Paris first full launch. 1,410 GPUs deployed. NASDAQ uplisting. Revenue target €5.8M.
European Expansion
€50M B Round. Expansion across Barcelona, Brussels, Lisbon, and Vienna. 4,230 GPUs. Revenue target €27.3M.
Full Network
€100-120M C Round. 80+ MW total capacity across 16 European locations. 45 immersion tanks. Revenue target €82M.
Join the Green AI Revolution
Whether you're an AI startup looking for compute, an enterprise seeking sovereign infrastructure, or an investor interested in sustainable tech — we'd love to hear from you.