Google to invest $15 billion in AI infrastructure and buy nuclear power in Finland

Alphabet's Google announced plans to invest $15.1 billion in AI infrastructure in Finland over the next two years, marking the company's largest European investment. The funding will be used for the construction of three new data centres in the northern region of the country, where the cold climate can maintain optimal temperatures for the servers.

This deal includes a 22-year purchase agreement for up to 50 percent of the energy output from one of Finland's two nuclear plants, marking Google's first nuclear energy deal outside of the United States. The investment is expected to contribute €3.6 billion to Finland's GDP during construction and support around 7,000 jobs annually once operational.

Finland's Prime Minister Petteri Orpo welcomed the deal, stating it would boost innovation and research while ensuring sufficient electricity and controlled prices.