GoKawiil
Tech News
Google announced plans to invest at least $15 billion in Finland's AI infrastructure by 2028, marking its largest single investment anywhere in Europe. The company also struck a 22-year power supply deal with Finnish utility Fortum and is examining business models that could back new nuclear reactors at Fortum's Loviisa plant.
Google announced plans to invest $15 billion in AI infrastructure in Finland, expanding its data center footprint in the country. The move adds to a wave of similar large-scale investments by U.S. tech companies aiming to grow AI computing capacity outside the United States.
Google announced a 13 billion euro ($15.1 billion) investment to build out AI infrastructure in Finland, making it the company's largest single investment ever made in Europe. The move underscores Finland's growing appeal to hyperscalers seeking abundant land and power resources that are increasingly scarce elsewhere on the continent.
British AI infrastructure startup Nscale, founded two years ago, is reportedly pursuing $3.5 billion in financing ahead of a possible IPO as soon as this month. That total reportedly includes $1.5 billion in convertible notes sold to investors and an additional $2 billion from Nvidia, which also backed Nscale's $1.1 billion Series B round in March.
GoPro announced a $285 million merger with optical-photonics firm Starman Optical, aiming to enter the AI infrastructure market through Starman's optical transceiver technology. The camera maker also plans to expand into defense, government, robotics and aerospace sectors while retaining its core action-camera business. The news comes days after YouTuber Markiplier disclosed an 8.5% stake, becoming GoPro's largest individual shareholder.
Anti-surveillance group Secure Justice reports that 214 local governments have cancelled or declined to renew contracts with license-plate-reading company Flock since 2021, with cancellations quadrupling from July to August 2025 alone. Because Flock's value depends on a networked web of cameras shared across jurisdictions, losing contracts in one town can trigger cancellations in neighboring ones, compounding the losses even as Flock insists new signups still outpace cancellations.
The University of Chicago's Booth School of Business has introduced a 10-month, primarily online program aimed at preparing executives for chief AI officer roles, priced at $28,000 per student with early-bird discounts. The curriculum spans six modules covering AI readiness assessment, business opportunity identification, governance frameworks, and enterprise-wide deployment strategies. Applications are open for the next cohort starting September 28.
Alibaba priced an 80 billion Hong Kong dollar (about $10.2 billion) placement of 710 million new shares at HK$112.70 each, sold to non-U.S. investors and set to close Wednesday. The company says all proceeds will go toward expanding its AI infrastructure and broader AI capabilities. Shares fell as much as 10% in Hong Kong trading following the announcement.