Google Invests Billions in Finnish AI Infrastructure Amid Push for Low-Carbon Energy
Google has announced its largest European investment to date, committing €13 billion ($15.1 billion) in AI infrastructure development over the next two years in Finland.
The investment includes the construction of three new data centers in northern Finland, where the cold climate offers a cost-effective solution for cooling computer servers.
The deal also involves a 22-year purchase agreement for up to 50% of the energy output from one of Finland's nuclear plants, operated by Fortum.
Google's President and Chief Investment Officer Ruth Porat said, 'We call this BYOP, bring your own power,' in reference to the company's first nuclear energy deal outside of the United States.