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
U.S.-based Madison Air Solutions has agreed to acquire German fan and ventilation equipment maker ebm-papst in a $5.4 billion deal. The transaction will see ebm-papst’s three shareholder families transfer their stakes to Madison Air, part of billionaire Larry Gies’ Madison Industries. The acquisition is aimed at expanding Madison Air’s presence in Europe and strengthening
At the annual Choose France summit in Versailles, President Emmanuel Macron announced a record-breaking €93 billion ($108 billion) in foreign investment pledges across 71 projects, which are expected to create over 15,600 jobs. The massive influx of capital comes at a crucial time for the French economy as the national unemployment rate has recently crept […]
European semiconductor and electrical equipment stocks climbed sharply as investor confidence grew around the expanding artificial intelligence (AI) boom. Companies seen as key players in AI infrastructure benefited from strong earnings and optimistic forecasts, mirroring a powerful rally in U.S. chip stocks. The surge reflects increasing global demand for advanced chips
Germany has unveiled plans to at least double its domestic data centre capacity and quadruple artificial intelligence data processing by 2030, as part of a strategy to compete with leading AI hubs in the United States and China. Digital Minister Karsten Wildberger outlined measures including allocating land for new facilities, streamlining regulatory approvals, and
Alphabet’s Google has announced plans to invest €5.5 billion ($6.4 billion) in Germany between 2026 and 2029 to strengthen its cloud infrastructure and data centre capacity. The investment includes building a new data centre in Dietzenbach near Frankfurt and expanding its existing facility in Hanau, both located in the state of Hesse. The initiative is […]





