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Nebius becomes first customer for planned AI data center near Rotterdam

Nebius becomes first customer for planned AI data center near Rotterdam

Cloud company Nebius is the first customer for a planned AI data center on the Maasvlakte, near Rotterdam in the Netherlands.

The project is being developed by Volt Datacenters.

Securing a major customer is important for arranging financing.

The first phase, which would build one-third of the center’s planned capacity, is expected to cost €7 billion.

The developer aims to open the site in 2030 and says it would be the largest data center in the Netherlands.

Its chief executive is not worried that an AI investment bubble will burst before then.

He says the main uncertainty is whether the project will be ahead of or behind demand.

Sources

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