New Delhi, Jan. 24 -- Drew Horn, CEO of GreenMet and a senior aide to Donald Trump's first-term vice president Mike Pence, is planning a "multi-billion-dollar data center project" in Greenland's remote Kangerlussuaq region, according to a CNBC report.

He is positioning it as the solution to world's artificial intelligence hyperscaler's power requirements, as the AI infrastructure race continues to gather pace, it said. The data centre project aims to reach 300 MW operation by mid-2027 and expand to 1.5 GW by 2028-end, the report added.

According to Horn, the project will cost "billions" and has binding commitment from investors to finance half each of its first and final phases of development, CNBC reported.

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