Featured
Google Invests $670 Million to Expand Its Data Center in Finland
(Bloomberg) – Google will pay about 600 million euros ($670 million) to build a data center in Finland amid a push by its parent Alphabet Inc. to invest heavily in servers and feed demand for faster access to files and media.
The new construction will add to Google’s existing data-center complex in Hamina on the south coast of Finland, taking the company’s total investment there to 1.4 billion euros, it said in an emailed statement on Monday.
Tech companies are racing to build more such facilities as businesses and individuals increasingly store more data online on so-called cloud platforms.
Google offers consumers services including email, maps, search and photos, as well as videos on its YouTube website.
The Mountain View, California-based company currently has 58 data centers around the world. In Europe, it has invested more than 4.3 billion euros in five such facilities since 2007 and its accrued capital expenditures for the first quarter came to $4.5 billion, comprising spending on data centers, servers and office facilities.
Also Read – Google to block tiktok in India
The expansion in Finland comes as Google is pushing into video gaming with its new streaming service Stadia, which will allow players to access the action through the web without expensive consoles or personal computers. Stadia runs through the company’s YouTube video-streaming platform and requires the data-center network to function.
Google’s Hamina complex will be powered by renewable energy acquired from three new wind farms in the Nordic nation, it said last year.
-
Dossier2 months agoDossier, 2026
-
OER Magazines1 month agoOER, February 26
-
Banking & Finance2 months agoSohar International and Sohar Islamic Supports Over 100 Families in Al Wusta Governorate Through Its ‘Sohar Al Attaa’ Initiative
-
Banking & Finance2 months agoNational Finance Unveils Exclusive Ramadan Offers on Auto Financing
-
Economy1 month agoMiddle East Tensions Heighten Risks to Strait of Hormuz, Raising Uncertainty for Global Oil Markets
-
Economy2 months agoAnalysis: Oman-India CEPA Opens Path to Deeper Trade Investment and Growth
-
Economy2 months agoANALYSIS: Oil Near Seven-Month Highs Amid US, Iran Tensions
-
Alamaliktistaad Magazines2 months agoAl-iktisaad, February 26

You must be logged in to post a comment Login