Sesterce plans a €10B AI campus in Jämsä (www.sesterce.com)

Sesterce is embarking on an ambitious plan to develop a €10 billion AI campus on the site of the former Kaipola paper mill in Jämsä, Finland. This large-scale project aims to build a renewable-powered facility that will enhance Europe’s digital infrastructure and competitiveness, with an initial focus on supercomputing and artificial intelligence applications. The campus is expected to create around 2,000 construction jobs and ultimately employ approximately 300 people. It will begin with a 200 MW capacity in its first phase, expanding to 600 MW, and aims for over one gigawatt of capacity in the long term, driven by real market demand. Significantly, Sesterce commits to ensuring that for every megawatt consumed, an equal amount of new renewable energy capacity will be added to the Finnish grid within ten years. The facility will employ energy-efficient liquid cooling methods that do not utilize drinking water and will feature flexible operations to support the local electricity infrastructure. Additionally, Sesterce plans to establish a €10 million community fund to support local projects, ensuring that the campus is integrated into the community while fostering job creation and economic revitalization in the Jämsä region. This initiative marks a pivotal shift from traditional manufacturing to a digitally driven economy, showcasing the potential for industrial redevelopment in the context of AI.