Alphabet’s Google will invest at least €13 billion (US$15.1 billion) in artificial intelligence infrastructure in Finland over the next two years, marking its largest single investment in Europe.
The investment, which will be made in 2027 and 2028, will cover data centres, electricity grid improvements, clean energy and battery projects supporting services including Gemini, Search, Maps and YouTube.
Google said the infrastructure will also support Finland and wider Europe’s digital development, innovation and AI growth.
Finland has become a major data centre hub as companies seek to lower energy costs and meet climate targets. Its cold climate helps reduce the cost of managing heat generated by data centres, while the country also has significant supplies of low-carbon electricity.
Google said the investment is expected to contribute about US$3.6 billion to Finland’s gross domestic product during construction and support around 7,000 jobs annually once the infrastructure is operational.
Google’s investment comes as Alphabet increases spending to meet surging demand for AI computing. The company has raised its global investment outlook for 2026 to between US$195 billion and US$205 billion.
Finnish Prime Minister Petteri Orpo said Google’s decision was “a clear testament to our strengths”.
“The value of the data economy extends far beyond direct investment into spurring innovation, research, and development,” he added.
Reuters
