investment

Google is pouring €13bn into Finnish data centres backed by nuclear power, signing a $4.3bn deal with Constellation to modernise US reactors, and preparing to launch its first orbital data center test satellite. The moves show AI infrastructure is now as much about energy and physical deployment as algorithms.

The Nasdaq hit an all-time high on AI enthusiasm, but Dutch regulators are probing AI pricing opacity while analysts compare the boom to the subprime teaser period. A reset wall — higher costs, regulatory friction, or margin compression — could force a market re-evaluation.