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TikTok plans to invest 1 billion euros ($1.16 billion) to build a second data centre in Finland in less than a year.
TikTok will invest 1 billion euros in a second Finnish data centre in Lahti.
KEY POINTS
- The new data centre will have an initial capacity of 50 MW, expandable to 128 MW.
- Finland's defence ministry approved TikTok's first data centre, but politicians were not informed beforehand.
- TikTok's first Finnish data centre in Kouvola will be operational by the end of 2024.
- The second Lahti data centre is scheduled to be operational by 2027.
COMPANIES
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