Google will buy up to half the electricity from Finland’s Loviisa nuclear power plant to support new AI infrastructure. It announced a €13bn investment package that includes a 22-year contract with Fortum to purchase up to 50% of Loviisa output. Construction is scheduled for 2027–2028, expanding and adding data centres in Finland to power Google’s AI services and related energy projects.
Ramp reported that AI tool spending by businesses slowed in August, with fewer customers adding spend than the prior month. In the top 1% of firms, AI spend per employee fell nearly 10% to $7,205. The slowdown suggests lower token usage and spend as price cuts take effect, pushing firms toward older, cheaper models and making the inflection less certain for model builders and hyperscalers.
The pricing consultancy hy Consulting Group, OMR Reviews, and Appinio released the SaaS & AI Pricing Report 2027, mapping how AI-driven compute costs are changing software companies’ pricing plans.
Geordie AI Ltd. launched Cost Intelligence to connect enterprise AI spending to the agents and workflows that generate it. It reported cases of a retailer losing $1 million a month and a bank agent consuming 50% of the monthly AI budget in a single day. Teams can now attribute token spend to specific agents, tasks, owners, and workflow metrics, enabling cost tracing and more agent ROI evaluation.
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