Cerebras and Compute Nordic Finland announced a contracted 165 MW data centre at Mikkeli, in eastern Finland, published on 1 September, with only the first 50 MW phase under construction1. Cerebras designs and runs its own computing hardware rather than buying processors from the dominant supplier. Compute Nordic develops Finnish sites, where the cold makes rejecting heat cheaper than it is further south.
Only that first 50 MW has a construction start attached to it. The remaining 115 MW is contracted capacity, which binds the parties to each other without putting a shovel in the ground, and the later phases still need power delivered to a site in eastern Finland. HCLTech and Sarvam AI announced a $1.5bn Odisha data-centre deal in July with the same shape: one number for the whole programme, and work under way on a fraction of it.
