Nebius plans $10 billion AI data center in Finland near Russian border

THE DECODER / 3/31/2026

📰 NewsDeveloper Stack & InfrastructureSignals & Early TrendsIndustry & Market Moves

Key Points

  • Nebius Group plans to build a 310-megawatt AI-focused data center in Lappeenranta, Finland, located close to the Russian border.
  • The project is reported as a $10 billion investment, signaling a major expansion of AI infrastructure capacity in the region.
  • The location choice near Russia highlights the strategic and geopolitical considerations shaping where large-scale compute resources are deployed.
  • The buildout is likely to increase demand for supporting infrastructure such as power supply, networking, and cooling systems to sustain AI workloads at scale.

AI infrastructure company Nebius Group is building a 310-megawatt data center in Lappeenranta, Finland, close to the Russian border.

The article Nebius plans $10 billion AI data center in Finland near Russian border appeared first on The Decoder.