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Deutsche Telekom and Schwarz Group Partner on AI Data Center Initiative

Deutsche Telekom and Schwarz Group Partner on AI Data Center Initiative

Author:

Global Cryptocurrency

Published:

2025-12-01 09:27:01

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BTCCSquare news:

Deutsche Telekom and Schwarz Group are advancing plans to build an AI gigafactory, targeting EU funding for large-scale data centers. The collaboration, still pending formal agreement, aims to secure part of the €20 billion allocated by the EU to bolster Europe's AI infrastructure. Brookfield may join as a financial backer.

Telekom's spokesperson emphasized ambitions to position Germany as a leader in AI, though declined to confirm specifics on the Schwarz partnership. The MOVE signals Europe's push to compete with U.S. and Chinese dominance in artificial intelligence infrastructure.

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