Greece Plans to Build $330 Million Data Center to Enter AI Field

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September 12, 2024
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Data4, headquartered in Paris, announced plans to invest nearly $330 million in a new data center hub in Paiania, just outside of Athens, Greece. The company is currently in talks with existing lenders and local Greek banks to secure funding for the project. Data4 manages multiple data centers across six European countries, including Greece, with an expansion investment target of €7 billion by 2030. However, the company stated that additional investments are still under negotiation with the local government. (Cointelegraph)

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