$NBIS Nebius to build 310 MW AI factory in Finland


Mar 31, 2026,
Nebius (NBIS) is building a 310 megawatt AI data center in Lappeenranta, Finland, set to become one of Europe’s largest dedicated AI facilities, with initial capacity expected in 2027.
The project follows the company’s recent expansion of its Mäntsälä data center to 75 megawatt, which hosts Europe’s first deployment of Nvidia GB300 NVL72. Nebius (NBIS) also plans to roll out the Nvidia Vera Rubin NVL72 later this year.
Tech heavyweight Nvidia (NVDA) recently said it would invest $2B in Nebius (NBIS), with the partnership aimed at deploying more than 5 gigawatts of Nvidia systems by 2030.
Nebius (NBIS) is expanding its AI infrastructure globally and is targeting over 3 gigawatts of contracted power by the end of 2026, including a planned gigawatt-scale AI facility in Missouri.
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