Google has spent more than $1 billion to buy and renovate a former paper mill in Finland that can store its user data. Nestled in the caves of a Norwegian mountain, a regional IT company uses a facility built by a local investment group and cooled by a fjord. Microsoft says it will spend $250 million to construct a data center in Finland to manage its cloud services, as part of its agreement to acquire Nokia’s device business. In Luleå, a city of 50,000 on the banks of the Lule less than 70 miles south of the Arctic Circle, Facebook fired up a 300,000-square-foot data center last year.
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