Nebius unveils plans to build one of Europe's largest AI factories as region scrambles for compute

Europe is racing to create the infrastructure needed to power the AI boom..

• In this article Nebiusunveiled plans on Tuesday to build a new AI data center in Finland, which it says will be one of Europe's largest when up-and-running, as the region races to develop the compute infrastructure needed to power the AI boom
• The new facility will be based in the Finnish city of Lappeenranta with a capacity of up to 310 MW
• Nebius said it expects the data center to begin initially supplying customers by 2027