From Quiver Quantitative: 2025-05-01 01:42:00

TikTok is investing €1 billion to establish its first European data center in Finland as part of Project Clover, a €12 billion initiative to localize user data storage in Europe. The facility will join existing sites in Norway and Ireland, bolstering data security and addressing privacy concerns amid regulatory bans and threats of a U.S. prohibition. The move highlights TikTok’s commitment to European data privacy and regulatory compliance. Finland’s digital infrastructure and clean energy make it an attractive location for tech giants, supporting sustainable, cost-efficient data operations. Continued investment in local data centers may help TikTok navigate regulatory risks and secure its long-term viability.



Read more at Quiver Quantitative: TikTok Joins Tech Giants in Finland’s Green Data-Centre Boom