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Google to Invest โฌ13 Billion in AI Infrastructure in Finland; Its Largest European Investment, First Nuclear Deal outside US
Google will invest at least €13 billion ($15.1 billion) in AI infrastructure in Finland over the next two years, including three new data centers and a 22-year nuclear power purchase agreement its first nuclear energy deal outside the United States. Google has announced its largest single investment in Europe to date, committing at least €13 billion ($15.1 billion) to artificial intelligence infrastructure in Finland over the next two years. The investment includes the construction of three new data centers in Kajaani, Muhos, and Vaala, as well as an expansion of its existing data center in the southeastern city of Hamina. Why Finland? Finland has become a magnet for data center investment due to its cold climate which significantly reduces cooling costs and its abundant supply of low-carbon electricity from nuclear, hydro, and wind power. Google has been operating in Finland since 2009, when it converted a disused paper mill in Hamina into a data center, and has steadily expanded its presence since. First Nuclear Deal outside the US In a landmark move, Google has signed its first nuclear power purchase agreement outside the United States, a 22-year deal with Finnish...
