GOOGL ▲ +0.0% - Alphabet Inc.
$GOOGL TO INVEST €13B IN FINLAND AI INFRASTRUCTURE Google plans its largest-ever single investment in Europe, committing at least €13B over the next two years to expand AI computing capacity in Finland. The buildout includes three new data centers in Kajaani, Muhos and Vaala, plus an expansion of its existing Hamina site. Google is also adding new wind-power agreements and a 94MW battery system at Kajaani, while Fortum signed a 22-year power deal that will eventually cover 50% of output from its two-reactor Loviisa nuclear plant. The projects are expected to support more than 37,000 jobs during construction and about 7,000 jobs once completed. Source: Bloomberg
Alphabet announced a €13 billion investment in Finnish AI infrastructure over the next two years, its largest single investment in Europe, which will include three new data centers and expansions at existing facilities powered by renewable energy and nuclear power agreements. The company expects the projects to create over 37,000 construction jobs and roughly 7,000 permanent positions, though the stock showed no movement today despite the significant capital commitment.
09-SEP-2026 05:17 AM ET
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