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TikTok to invest $1.27 billion yearly in European data centres

The capital expenditure is part of Project Clover, a program focused on creating an enclave for European TikTok user data, respecting the continent’s stringent data protection laws.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

March 09, 2023 | 2:30 PM GMT

TikTok to invest $1.27 billion yearly in European data centres

The Tech Capital

Chinese social media app TikTok has unveiled plans to expand its data centre capacity in Europe both in Ireland and Norway in a yearly investment worth US$1.27 billion.

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João Marques Lima

Founder and Editor, The Tech Capital

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