US EditionTikTok to build a second billion-euro data centre in Finland
The project is part of a 12 billion-euro data sovereignty push for more than 200 million European users, company officials said.
- On Wednesday, TikTok announced a €1 billion investment to build a second data center in Lahti, Finland, with an initial capacity of 50 MW and potential to reach 128 MW by 2027.
- This project is part of TikTok's €12 billion European data sovereignty initiative, which aims to deliver protections for over 200 million European users across the continent.
- Lahti Mayor Niko Kyynarainen welcomed the investment as "substantial," confirming a main tenant agreement is signed, while TikTok's first Finnish data center in Kouvola is scheduled for completion by year-end.
- Then-Minister of economic affairs Wille Rydman previously called for the project to be "reconsidered" over security concerns, after politicians were not informed when Finland's defense ministry approved the investment in 2024.
- Finland has become a magnet for data centers, attracting global companies with its cold climate, low-cost electricity, and stable regulatory environment within the European Union.
18 Articles
18 Articles
TikTok is spending €1B on a second Finnish data centre
The new facility in Lahti is part of TikTok’s €12 billion Project Clover data sovereignty push for European users. Finland’s defence ministry approved the first data centre investment in 2024 without informing elected politicians. A former minister publicly called for the project to be reconsidered. TikTok is investing €1 billion ($1.16 billion) to build a […] This story continues at The Next Web
The Express Tribune
TikTok to build a second billion-euro data centre in Finland
TikTok plans to invest 1 billion euros ($1.16 billion) to build a second data centre in Finland in less than a year as it moves data storage for European users to the continent, company officials said on Wednesday. The announcement comes as TikTok's Chinese parent ByteDance in January avoided a United States ban over data protection concerns and as European nations ratchet up pressure on social media companies to protect children from their a…
The purpose of the Lahti and Kouvola data centers is to ensure that the data of European application users is stored in Europe.
Exclusive: TikTok to build a second billion-euro data centre in Finland
TikTok plans to invest 1 billion euros ($1.16 billion) to build a second data centre in Finland in less than a year as it moves data storage for European users to the continent, company officials said on Wednesday.
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