The Zhitong Finance App learned that Cerebras Systems (CBRS.US) announced on Tuesday the establishment of a new AI data center in Mikkeli, Finland. The data center was developed in collaboration with Compute Nordic Finland. The facility will be expanded in stages to eventually reach 165 MW of contracted IT capacity to provide high-density AI computing. The initial phase of construction of 50 MW has now begun.

The agreement was formally concluded through a series of service orders, each for a contract period of seven years. Cerebras said in a statement that the agreement provides Cerebras with long-term, purpose-built infrastructure to support the growing global demand for its artificial intelligence computing platform, while providing a long-term industrial pillar for the Mikkeli region, which is expected to generate significant revenue and continued employment opportunities.

Pyry Virrantaus, CEO of Compute Nordic Finland, said, “The partnership with Cerebras is not a speculative bet on future demand, but rather a contractually bound phased construction that accurately reflects the current market demand for artificial intelligence computing and the future direction of development.”

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