{
  "id": 8525272,
  "title": "Cerebras (CBRS) Plants A 165 MW Flag In Finland While Still Losing Money",
  "url": "https://urgent.news/2026/09/19/cerebras-cbrs-plants-a-165-mw-flag-in-finland-while-still-losing-money",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-19T19:25:15.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/technology/ai/articles/cerebras-cbrs-plants-165-mw-192515264.html"
  },
  "original_language": "en",
  "account": "Cerebras Systems, an AI company, has announced a new data center in Mikkeli, Finland, with the potential to reach 165 MW of contracted capacity. The company, which emphasizes speed, is building this facility in stages, starting with 50 MW. The deal includes seven-year service orders, and a regional investment of €1.0 billion to €1.7 billion has been projected. The site's design includes closed-loop water cooling and waste heat redistribution to the community. Despite these impressive features, Cerebras has been reporting losses, with a GAAP gross margin of 14% and a negative 265% operating margin in the second quarter. The company's outlook for the third quarter indicates further negative operating margins, between -25% and -23%. Hedge fund interest has surged, with 78 funds now holding positions in the company. The decision to build this facility comes amid heavy demand in the cloud revenue sector, with cloud revenue rising 281% from the previous year. The debate surrounding this investment centers on whether Cerebras' speed and scale can eventually pay off for the company, or if the heavy losses will persist despite the impressive growth.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}