Google to Invest $15 Billion in Finland for AI and Nuclear Power
Google will invest at least €13 billion ($15.1 billion) in Finland over the next two years to expand its artificial intelligence infrastructure. The investment will include data centres, electricity grid upgrades, clean energy and battery projects, supporting services such as Gemini, Search, Maps and YouTube.
The technology giant has also signed a 22-year agreement with Finnish utility Fortum to purchase up to 50% of the electricity produced by one of the country’s nuclear power plants. The deal marks Google’s first nuclear energy agreement outside the United States and is intended to provide a reliable source of low-carbon power for its growing data centre operations.
Google said the investment could add about $3.6 billion to Finland’s GDP during the construction phase and support around 7,000 jobs annually once the infrastructure is operational. Finland’s cold climate and access to abundant low-carbon energy are helping attract major technology companies looking for efficient locations for energy-intensive data centres.
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