Google will invest at least €13 billion, or about $15.1 billion, in artificial intelligence infrastructure in Finland over the next two years, marking its largest European investment.
The plan includes three new data centres in northern Finland, where the cold climate can help reduce the cost of cooling energy-intensive computing equipment.
Google also signed a 22-year agreement with Finnish energy company Fortum to purchase up to half of the electricity output from one of Finland’s nuclear plants.
The company says the investment will support AI services including Gemini, Search, Maps and YouTube while also contributing to Finland’s energy and digital infrastructure.
Google estimates the project could add €3.6 billion to Finland’s gross domestic product during construction and support thousands of jobs.
The announcement highlights the growing connection between AI and energy infrastructure. Technology companies are increasingly seeking locations where abundant low-carbon electricity and efficient cooling can support rapidly expanding data-centre capacity.
SOURCES:
Reuters — Google to invest $15 billion in AI infrastructure in Finland
CNA — Google investment in Finland
