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A $70 billion AI data centre industrial park is being proposed for northwestern Alberta, with a well-known Canadian investor attached to the project.
On Monday, the Municipal District of Greenview announced it had signed a letter of intent with Shark Tank investor Kevin O’Leary Ventures to purchase and develop thousands of acres of land within the Greenview Industrial Gateway (GIG) just south of Grande Prairie.
If the mega industrial park is built, it will be considered the largest of its kind in the world.
Wonder Valley, which is planned to roll out in multiple phases, would include building off-grid natural gas and geothermal power infrastructure to support the behemoth AI data centre industrial park.
A seemingly AI-generated video promoting the project was posted on the O’Leary Ventures website. It depicts hyper-futuristic buildings set in a valley where “technology and nature come together in perfect harmony.”