Google Drops $15 Billion on Finland's AI and Energy Infrastructure
Google has announced a massive investment of €13 billion ($15.1 billion) in AI infrastructure and energy in Finland over the next two years. The investment will be used to build data centers, improve the electrical grid, and develop clean energy projects for Google's various services.
The company claims that this investment will pump €3.6 billion into Finland's GDP and create 37,000 jobs, with 7,000 being permanent positions. Google has been expanding its presence in Finland since 2009, when it repurposed a former paper mill in Hamina to become a data center.
Finland's right-wing Prime Minister Petteri Orpo welcomed the investment, stating that it would make his country a 'front-runner in digitalization and AI.' However, concerns have been raised about the potential security risks of foreign-owned data centers, with Finland's Security and Intelligence Service (SUPO) warning that they may pose a threat to national security.
Google has partnered with Fortum, the operator of one of Finland's two nuclear power plants, to purchase 50% of its energy output for the next 22 years. This deal is seen as a significant step in Google's efforts to reduce its carbon footprint and reliance on non-renewable energy sources.