Google to invest record $15 billion in AI infrastructure in the 'Texas of Europe'
Google on Wednesday said it would invest $15.1 billion into AI infrastructure in Finland, marking the tech giant's largest single investment in Europe.
Google is investing $15.1 billion in AI infrastructure in Finland, marking its largest single investment in Europe. The investment, which will be made over 2027 and 2028, includes data centres and supporting infrastructure, as well as clean energy projects.
According to Straits Times Business, the deal also includes a 22-year purchase agreement for up to 50 per cent of the energy output of one of Finland’s two nuclear plants.
The investments also cover clean energy projects and dedicated nature and community funds to support local biodiversity, education, research, and workforce development, as reported by Free Malaysia Today.
Brief written by urgent.news from CNBC World, Straits Times Business, CNBC Technology, Free Malaysia Today, CNBC — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- Google to invest $19 billion in AI infrastructure and buy nuclear power in Finland straitstimes.com
- Google to invest record $15 billion in AI infrastructure in the 'Texas of Europe' cnbc.com
- Google plans record €13B AI investment in Finland seekingalpha.com
- Google to invest $15 billion in AI infrastructure in Finland channelnewsasia.com