Google invests $670 million to expand its data centre in Finland

Helsinki: Google will pay about 600 million euros ($670 million) to build a data centre in Finland amid a push by its parent Alphabet Inc to invest heavily in servers and feed demand for faster access to files and media.

The new construction will add to Google’s existing data-centre complex in Hamina on the south coast of Finland, taking the company’s total investment there to 1.4 billion euros, it said in an emailed statement on Monday.

Tech companies are racing to build more such facilities as businesses and individuals increasingly store more data online on socalled cloud platforms.