Billions invested in Falun as data centers are expanded

11/27/2023, 4:06:48 PM

Highlights: Billions invested in Falun as data centers are expanded. SEK 300 billion investment will provide jobs for more than <> people during the construction period. When completed, it will be one of the country's largest. The first part of the facility is already up and running, and at the same time, work is underway on the new data centers. The ongoing construction is expected to be completed in the first quarter of 2025. It is the almost explosive development in AI that has led to a rapid increase in the need for data capacity.

A major investment will be made in Falun to expand an already large data center to double in size. The SEK 300 billion investment will provide jobs for more than <> people during the construction period, and when completed, it will be one of the country's largest.

EcoDataCenter, which is located in a relatively secluded location in the Ingarvet industrial area in Falun, is making the major investment through its owner Areim. The first part of the facility is already up and running, and at the same time, work is underway on the new data centers. A contract with a large international company has made the expansion possible and necessary.

"I can't say too much due to security reasons, but we're talking about a major global customer," says Peter Michelson, CEO of EcoDataCenter.

Artificial intelligence requires these halls

It is the almost explosive development in AI that has led to a rapid increase in the need for data capacity. The ongoing construction is expected to be completed in the first quarter of 2025.

In the video, the CEO talks about how many jobs will remain after the construction period, to manage the operation of the new facility.