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Title: Google to Invest Record $15 Billion In AI Infrastructure In Finland

Link: https://hardware.slashdot.org/story/26/09/09/...

Google plans to invest at least $15 billion in AI infrastructure in Finland
through 2028, its largest single investment in Europe. The company also
signed a 22-year power agreement with Finnish utility Fortum and said it will
explore business models that could support new nuclear reactors at Fortum's
Loviisa site. Finland has emerged as a major data-center hub thanks to its
available land and power. "I've heard it called the 'Texas of Europe' at
industry events," Matti Lajunen, partner of real estate at Finnish law firm
Hannes Snellman, told CNBC. "What we're now seeing is weekly new inquiries
for market entry into Finland from new players." Ruth Porat, president and
chief investment officer of Alphabet and Google, said in a statement: "Google
is proud to deepen our roots in Finland with the company's largest single
investment in Europe, building on more than 15 years of sustained investment
in Finland. This investment underscores Google's commitment to grow our
presence responsibly, pairing the expansion of our technical infrastructure
with new energy capacity, grid enhancements, and energy affordability
initiatives."

Read more of this story at Slashdot.

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