Nebius to build $10 billion AI data center in Finland

Nebius Group will build a 310-megawatt AI data center in Finland. The $10 billion facility in Lappeenranta is scheduled to begin operations starting in 2027.

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Nebius Group N.V. has announced a significant expansion of its European infrastructure with the development of a 310-megawatt data center in Finland. The project, estimated to be worth more than $10 billion, is designed to meet the surging global demand for artificial intelligence computing power.

Nebius CEO Arkady Volozh pictured at the company's AI data center in the United Kingdom during a 2025 facility visit.
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