Google to Invest Record $15 Billion In AI Infrastructure In Finland
Google plans to invest at least $15 billion in AI infrastructure in Finland through 2028, its largest single investment in Europe. The company also signed a 22-year power agreement with Finnish utility Fortum and said it will explore business models that could support new nuclear reactors at Fortum's Loviisa site. Finland has emerged as a major data-center hub thanks to its available land and…
Google announced a record $15 billion investment in AI infrastructure in Finland through 2028, making it the largest single investment in Europe. The company will also sign a 22-year power agreement with Finnish utility Fortum and explore business models that could support new nuclear reactors at Fortum's Loviisa site. Finland has become a major data-center hub due to its available land and power, with industry professionals referring to it as the "Texas of Europe."
Google's president and chief investment officer, Ruth Porat, expressed pride in the company's commitment to grow its presence in Finland responsibly, emphasizing the expansion of technical infrastructure, new energy capacity, grid enhancements, and energy affordability initiatives.
Brief written by urgent.news from Slashdot's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
