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.
-
Economy2 months ago
Here’s Everything You Need to Know About Oman’s State General Budget for 2025
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, December 24
-
Automotive2 weeks ago
[REVIEW] A Legend Reinvented: The Nissan Patrol Y63 Blends Heritage with Modern Mastery
-
Banking & Finance2 months ago
His Majesty the Sultan Appoints Ahmed Al Musalmi as Governor of the Central Bank of Oman
-
OER Magazines3 weeks ago
OER, January 2025
-
Alamaliktistaad Magazines4 weeks ago
Al-iktisaad, January 2025
-
Banking & Finance4 weeks ago
Ishraq Waqf Investment Fund Announces Extension of IPO Subscription Deadline
-
Banking & Finance1 month ago
Bank Muscat’s 2024 Net Profit Grows To RO225.58Mn
You must be logged in to post a comment Login