Cerebras Systems Developing AI Data Center in Finland

MT newswire2026/09/01 09:41

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05:41 AM EDT, 09/01/2026 (MT Newswires) -- Cerebras Systems (CBRS) is developing a new artificial intelligence data center in Mikkeli, Finland, the company said Tuesday. The facility, developed in partnership with Compute Nordic Finland, will scale in phases to 165 megawatts of contracted IT capacity. Construction on the initial 50-MW phase has started, Cerebras said. The agreement is backed by various service orders, each with seven-year contract terms. Cerebras shares were down 2.4% in premarket activity.

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41