Home World Google to Invest $15 Billion in AI Infrastructure in Finland
WorldBusinessInfrastructure & DevelopmentTechnology

Google to Invest $15 Billion in AI Infrastructure in Finland

Share
Marvell Expands Google Partnership With $12.2 Billion Share Option
Share

Google will invest at least €13 billion, about $15.1 billion, in artificial intelligence infrastructure in Finland over the next two years, its largest investment in Europe, the company said on Wednesday.

The investment will cover data centres, power grid upgrades, clean energy and battery projects supporting services including Gemini, Search, Maps and YouTube.

Google said the projects, planned for 2027 and 2028, could contribute about $3.6 billion to Finland’s economy during construction and support around 7,000 jobs annually once operational.

Finland has attracted major data centre investments because of its cold climate, which reduces cooling costs, and its abundant low carbon electricity.

See also  Schneider Electric to Buy PTC in $22.6 Billion Software Deal
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

INEC Investigates AI-Generated Faces in Preliminary Voters’ Register

The Independent National Electoral Commission (INEC) has launched an investigation into suspected...

Tyson Fury Hints at More Fights After Joshua Showdown, Dismisses Retirement Talk

Tyson Fury has indicated that his boxing career could continue beyond his...

FG’s $21.7bn Loan Request Raises Fresh Concerns Over Nigeria’s Debt Burden

The Federal Government’s request for approximately $21.7 billion in external borrowing has...

FG Commissions Power Projects in Kano, Katsina to Boost Electricity Supply

The Federal Government has commissioned power transmission projects in Kano and Katsina...