Nebius plans major Artificial Intelligence data center in Finland

Nebius is planning a 310MW data center in Lappeenranta, Finland, adding to a fast-growing European push to expand Artificial Intelligence infrastructure. The company says the site will support its broader effort to scale high-performance compute capacity across Europe and beyond.

Nebius has unveiled plans to build a 310MW data center in Lappeenranta, Finland, in a move that would create one of Europe’s largest Artificial Intelligence factories. The Netherlands-based Artificial Intelligence infrastructure company said the site will go online in staggered phases starting in 2027. The project adds to the company’s broader build-out of purpose-built compute infrastructure as demand for high-performance systems continues to rise.

The development follows Nebius’s recent expansion of its first Finnish data center, in Mäntsälä, to 75MW, completed earlier this year. Further expansion in Finland is expected as the company scales its regional footprint. CEO Arkady Volozh described the project as a significant addition to the company’s global Artificial Intelligence infrastructure build-out and said it supports long-term capacity targets. Nebius said its Artificial Intelligence factories will deploy the latest Nvidia accelerated computing platforms, including Blackwell and the upcoming Rubin architecture. Its Mäntsälä site already hosts Europe’s first operational deployment of Nvidia’s GB300 NVL72 platform, with plans to introduce Vera Rubin NVL72 systems later this year.

Construction at the Lappeenranta site has already begun under Finnish developer Polarnode. Headquartered in the Netherlands but listed in the U.S., Nebius is targeting more than 3GW of contracted power by the end of 2026 as it expands a global network of Artificial Intelligence infrastructure. In the EMEA region alone, Nebius has secured more than 750MW of contracted power across owned sites and co-location facilities. Alongside its Finnish operations, the company is also developing a 240MW Artificial Intelligence factory near Lille, France. Earlier this month, the company also received the green light to build a gigawatt-scale Artificial Intelligence factory in Independence, Missouri.

The Finland project lands amid a broader acceleration in European Artificial Intelligence infrastructure investment as companies work to strengthen the region’s position against U.S. operators. Mistral secured 830 million in debt financing for a data center near Paris, following a 1.37 billion plan revealed earlier this year to expand compute capacity in Sweden. U.K.-based Nscale has also raised 2 billion to develop Artificial Intelligence data centers across the U.K., Europe and the U.S, with Nvidia tipped as a potential partner.

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