Google Invests $15 Billion on Data Center Buildout in ‘Texas of Europe’
6 Articles
6 Articles
There are commonalities in the development of data center districts in Finland and Texas, USA. According to experts, there are actually few of them.
Google has announced that it will invest at least €13 billion, or about $15.1 billion, in artificial intelligence (AI) infrastructure in Finland over a two-year period, as part of what it describes as its largest one-time investment in Europe. These expenditures, planned for 2027 and 2028, will cover data centres, the modernisation of the electricity grid, as well as clean energy and battery projects. Google estimates that the phase of the proje…
Google will invest 13 billion euros ($15.1 billion) in artificial intelligence infrastructure in Finland between 2027 and 2028. The investment is the tech giant's largest single investment in Europe to date. The money will be used to develop data centers, expand the electricity grid, and invest in clean energy and battery technology projects.
An American giant, whose market value is about $4 trillion in technology, has announced a record investment of $15 billion in a country on the old continent. The sum marks the largest single investment of Google's company in Europe in artificial intelligence infrastructure in Finland. Matti Lajunen, expert at the law firm Hannes Snellman, said that "Finland is facing a huge demand for artificial intelligence infrastructure at this time; I hear i…
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