US EditionDeutsche Telekom and Schwarz Group to build AI data centre, German newspaper reports
17 Articles
17 Articles
Telekom and Schwarz-Gruppe are planning a large-scale computer centre for artificial intelligence with EU aid. Hype for IT infrastructure eats vast amounts of energy.
The planned application by Telekom and Schwarz-Gruppe (Lidl) for a billion-dollar EU funding for a large-scale AI centre analyses Robert Greil, Chief strategist at Merck Finck. It is necessary to keep pace with the USA and China.
The race for the top positions in artificial intelligence has also started in Europe. The EU wants to have four or five large-scale centres built. According to a report, two German heavyweights want to lift one of them together: Deutsche Telekom and Lidl's parent company.
Deutsche Telekom and Schwarz Group to build AI data centre, German newspaper reports
BERLIN, Nov 30 (Reuters) – Deutsche Telekom and the Schwarz Group are planning to jointly build a gigafactory for artificial intelligence, German newspaper Handelsblatt reported on Sunday. An “AI gigafactory” is a facility designed specifically to support the massive computing needs of AI. The Germany-based telecoms giant and unlisted retailer Schwarz are in talks to apply for the large data centres funded by the European Union, the newspaper sa…
Deutsche Telekom, Schwarz Group Partner on AI Gigafactory in Germany
Germany’s Bold Bet on AI Sovereignty: Telekom and Schwarz Forge a Gigafactory Future In a move that could reshape Europe’s technological infrastructure, Deutsche Telekom and the Schwarz Group have announced plans to collaborate on constructing a massive artificial intelligence data center, often dubbed an “AI gigafactory.” This initiative, first reported by the German newspaper Handelsblatt, aims to address the growing demand for high-powered co…
Retail group Schwarz wants to build one of Europe's largest data centers for AI development. According to the Handelsblatt newspaper, it is in talks with Deutsche Telekom to do so. They also want to get money from the European Union for the project.
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