Amsterdam-based AI firm Nebius to build 240MW data centre near Lille, France

Core Insights - Nebius, an Amsterdam-based AI cloud services firm, is planning to construct a 240-megawatt data centre in Béthune, France, which will be among the largest in Europe upon completion [1][1] - The project involves redeveloping a former Bridgestone tyre plant and is expected to deliver capacity in phases, with the first capacity expected to be operational by late summer and approximately half of the site operational by the end of 2026 [1][1] - Nebius has gained recognition for securing significant deals to provide AI infrastructure to major U.S. companies, including a $17 billion agreement with Microsoft and a $3 billion deal with Meta [1][1] Financial Implications - Although the financial specifics of the Béthune project were not disclosed, a data centre of this magnitude is anticipated to require several billion euros in investment [1][1]