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Finnish cloud service company DataCrunch, which enables the explosive growth of the AI market and computing, has raised €55 million in growth funding with Tesi making its first investment in the company.
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Data centers operating in Finland are the best in Europe in terms of energy efficiency, water consumption, the share of renewable energy, and the utilization of waste heat. The report highlights Finland's cool climate and advanced energy production as key factors.
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A Finnish study suggests that AI has the potential to assist in education and healthcare by analyzing and interpreting human behavior.
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DataCrunch has secured €55m in a funding round to expand and become a major player in the AI cloud computing market in Europe.
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Quantum Systems, a provider of unmanned aircraft systems, is expanding its operations to the UK, signifying growth in the drone technology sector.