Google Dumps €13 Billion into Finnish AI Infrastructure

Google has announced plans to invest at least €13 billion ($15.1 billion) in artificial intelligence infrastructure in Finland over the next two years. This investment is part of Alphabet's efforts to meet growing demand for computing capacity, with the company increasing its global investment this year to between $195 billion and $205 billion.

The agreement includes a 22-year purchase deal covering up to 50% of the energy output from one of Finland's two nuclear plants, operated by Fortum. This long-term supply of low-carbon energy is expected to support Google's expanding data centre infrastructure in the region.

Google Chief Investment Officer Ruth Porat stated that this is 'a really important cornerstone' for their operations in Finland. The investment will cover data centres, electricity grid improvements, clean energy, and battery projects supporting services such as Gemini, Search, Maps, and YouTube.