Latest news indicates that Nvidia Deutsche Telekom AG is preparing to build a €1 billion (approximately US$1.16 billion) data center in Germany. .
Sources familiar with the matter said that Nvidia and Deutsche Telekom will provide funding for the project, which will be a driving force for the two companies to build more infrastructure in Europe to support artificial intelligence. It is part of the system. Furthermore, SAP SE, Europe's largest software company, will become a customer of the facility.
Sources say that Deutsche Telekom CEO Tim Hottges, Nvidia CEO Jensen Huang, SAP CEO Christian Klein, and German Federal Minister for Digital Affairs and National Modernization Karlsten Wildberg are expected to announce the plan at an event in Berlin next month.
In recent months, European policymakers and technology executives have been discussing the necessity of building an artificial intelligence (AI) ecosystem in the region. In the US alone, including Microsoft... Tech companies, including Google, have pledged to invest hundreds of billions of dollars in building AI computing power.
Earlier this month, Jensen Huang stated that the EU is far behind the US and China in AI investment. Nevertheless, Nvidia's planned €1 billion data center with Deutsche Telekom still cannot compare to other gigawatt-scale projects globally.
It is estimated that the German project will use approximately 10,000 advanced graphics processing units (GPUs). In comparison, the project by SoftBank Group, OpenAI, and Oracle... A single data center being developed in Texas, USA, is expected to be equipped with approximately 500,000 GPUs.
Deutsche Telekom has also held talks with other companies to push for the construction of the "Gigafactory," but progress has been slow.
In February of this year, the European Commission announced a €200 billion "Invest in Artificial Intelligence " initiative to support the development of AI technology in the region, with the goal of tripling the region's computing power within the next five to seven years.

(Article source: CLS)