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

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Nebius

unveiled 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.

“We have been building in Finland for many years and are pleased to be expanding our presence here,” said Nebius CEO Arkady Volozh in a statement.

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

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