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1 billion euro investment from Google to Finland

1 billion euro investment from Google to Finland

Google announced that it will invest 1 billion euros in the expansion of its data center in Finland.

In the statement made by the company, it was stated that the data center in Hamina, Finland will be expanded.

In the statement, it was noted that an investment of 1 billion euros would be made to support employment, innovation and economic activity for the expansion of the data center campus.

It was stated in the statement that Google has invested 3.5 billion euros in the Hamina data center and related infrastructure since 2009, and that the data center has contributed to the local economy in Finland since then, and with the new investment, the company’s total investment in the country exceeds 4.5 billion euros. It was stated that it would come out.

In the statement, it was stated that investments were made in artificial intelligence and digital infrastructure for Finland, and it was reported that 400 people were employed in the facility in Hamina and approximately 100 more people would be employed when the data center became fully operational.

In the statement, it was stated that a new partnership was made with Haminan Energia to reuse the heat in the data center for regional heating.
It was stated in the statement that the volume of recovered heat corresponds to an estimated 80 percent of Hamina’s district heating needs, and that it will be used to heat houses, schools and public service buildings in the region, which is largely dependent on fossil fuel.

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