---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000880882.md"
description: "⚡ 𝐔𝐏𝐃𝐀𝐓𝐄: $Cerebras(CBRS.US)  Cerebras Announces 165 MW Finland AI Data Center, With Up to €1.7 Billion Regional Investment👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:➤  𝗖𝗲𝗿𝗲𝗯𝗿𝗮𝘀 and 𝗖𝗼𝗺𝗽𝘂𝘁𝗲 𝗡𝗼𝗿𝗱𝗶𝗰 announce new Finland AI data center.➤  Mikkeli facility will scale to 𝗜𝟲𝟱 𝗠𝗪 of contracted IT capacity.➤  Construction of the initial 𝟱𝟬 𝗠𝗪 phase is already underway.➤  Capacity will expand from 𝟱𝟬 𝗠𝗪 to 𝟴𝟬 𝗠𝗪, then 𝟭𝟲𝟱 𝗠𝗪.➤  Service orders carry 𝘀𝗲𝘃𝗲𝗻-𝘆𝗲𝗮𝗿 contract terms supporting long-term capacity.➤  Full-scale regional investment is estimated at  €𝟭.𝟬–€𝟭.𝟳 𝗯𝗶𝗹𝗹𝗶𝗼𝗻.➤  Project could support 𝟴𝟬–𝟮𝟱𝟬 direct permanent jobs at full scale.➤  Estimated property-tax revenue reaches €𝟬.𝟴–€𝟮.𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 annually.➤  Facility incorporates 𝗰𝗹𝗼𝘀𝗲𝗱-𝗹𝗼𝗼𝗽 𝗰𝗼𝗼𝗹𝗶𝗻𝗴 and waste-heat recovery capabilities.👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:➤  Gives Cerebras substantial 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗔𝗜 𝗰𝗼𝗺𝗽𝘂𝘁𝗲 capacity in Europe.➤  Seven-year contracts reduce speculative risk behind the phased infrastructure expansion.➤  Strengthens Finland's position within Europe's rapidly expanding 𝗔𝗜 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 market.➤  Creates potentially significant long-term employment, investment, and tax benefits for Mikkeli.👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:𝗣𝘆𝗿𝘆 𝗩𝗶𝗿𝗿𝗮𝗻𝘁𝗮𝘂𝘀, CEO of Compute Nordic Finland:&#34;This partnership with Cerebras is not a speculative bet on future demand — it's a contractually committed, phased build-out that reflects exactly how much AI compute the market needs today and where that need is heading. We are proud to build that capacity in Mikkeli, alongside a partner network of local and national organizations who are ready to deliver the project and build the workforce it requires.&#34;𝗔𝗻𝗱𝗿𝗲𝘄 𝗙𝗲𝗹𝗱𝗺𝗮𝗻, CEO and co-founder, Cerebras:&#34;Our architecture is built to get more useful AI output out of every megawatt we deploy. Mikkeli lets us pair that efficiency with a data centre designed for closed-loop cooling and heat reuse from the ground up.&#34;𝗣𝘆𝗿𝘆 𝗩𝗶𝗿𝗿𝗮𝗻𝘁𝗮𝘂𝘀, CEO of Compute Nordic Finland:&#34;The clearest measure of a project like this isn't the number of construction jobs it creates upfront; it's what remains ten or twenty years later. We looked at permanent employment, workforce pathways, local suppliers, and durable economic activity when building this out in Mikkeli.&#34;"
datetime: "2026-09-01T11:40:10.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000880882.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000880882.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000880882.md)
author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)"
generator: "portal-rs"
---

# ⚡ 𝐔𝐏𝐃𝐀𝐓𝐄: $Cerebras(CBRS.US)  Cerebras Announces 1…


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