Google on Wednesday said it would invest at least 13 billion euros ($15.1 billion) into AI infrastructure in Finland, marking the tech giant’s largest single investment in Europe. Finland has emerged as a key location for data centers amid the AI boom, with hyperscalers and developers eyeing its available land and power, which is in short supply throughout most of Europe. Google will deploy the capital through 2028, including into data centers and other supporting investments like energy projects, the company said in a statement. It added that it has signed a 22-year life extension power purchase agreement (PPA) with Finnish energy company Fortum
— which saw its stock jump 11% on the news.

Full report : Google to invest $15 billion in AI infrastructure and buy nuclear power in Finland.