Alphabet’s Google plans to invest at least €13 billion ($15.1 billion) in Finnish AI infrastructure from 2027 to 2028, describing it as its largest single investment in Europe. The program covers data centers and supporting energy and grid infrastructure in Hamina, Kajaani, Muhos and Vaala for services including Gemini, Search, Maps and YouTube. Google’s initial estimates said construction would add an average €3.6 billion annually to Finland’s GDP and support more than 37,000 jobs nationwide, while completed facilities are projected to support 7,000 jobs annually. Google signed a 22-year life-extension power-purchase agreement with Fortum related to the Loviisa nuclear plant, and Fortum shares rose sharply after the announcement; reports cited gains of 11%, 10.35% and later 8.3% at €23.11 in morning European trading. Google also announced wind agreements, a 94-megawatt battery project and grid-connection coordination. The company will invest €31 million in local initiatives, provide AI training for more than 4,400 workers and establish a data-center training program for up to 100 students. Finland’s cold climate, low-carbon electricity, available land and power have drawn data-center investment from Microsoft and ByteDance as European computing demand rises. Finnish Prime Minister Petteri Orpo welcomed the investment as Finland faces record unemployment and weak growth ahead of elections scheduled for April next year.