Finnish Company Secures 1.1 Billion SEK for AI Center in Sundsvall
Verda, a Finnish tech firm, has secured approximately 1.1 billion SEK to develop one of Europe's largest AI centers in Sundsvall. This investment is expected to accelerate product development and create around 500 new jobs in the region.
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Verda aims to establish a substantial AI data center in Töva, near Sundsvall, which will also host its research and development department. The funding of approximately 1.1 billion SEK will enable the company to expedite its product development and expand operations.
The initiative is projected to generate up to 500 new jobs in the local area, contributing positively to the regional economy. The establishment of such a facility highlights the growing importance of AI infrastructure in Europe and the competitive positioning of Finland in the tech sector.
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