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TikTok to expand data center capacity in Finland amid boom in AI infrastructure deals

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Core Development: TikTok to expand data center capacity in Finland amid boom in AI infrastructure deals
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Market & Financial Impact: TikTok plans to take roughly 150 MW of data center capacity in Finland as the country sees digital infrastructure deals ramp up amid the AI boom.
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TikTok will get 150 megawatts of capacity from a new data center site in Finland, according to an economic analysis, amid a wave of digital infrastructure deals in the country led by AI hyperscalers and neoclouds.

The detail about capacity was in an economic impact report about the new development in Kouvola, Finland, commissioned by TikTok and Hyperco, which is building the facility, and published last week.

The move is part of Project Clover, TikTok's 12 billion euro project to strengthen data security in the European Union for its users. TikTok is owned by Beijing-headquartered tech giant ByteDance.

Construction began for the first phase of the project, which would provide 50 megawatts of capacity, in September 2025 and is due to be completed in 2027, the report said. Phase two will provide an additional 100 megawatts, according to the report.

A TikTok spokesperson told CNBC it will only become a tenant of the facility once it became available for use. "Once up and running, the data center is intended to form part of Project Clover," they added. Hyperco has been approached for comment.

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Official Publisher Attribution: This report is aggregated from CNBC. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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