German consortium in talks to build AI data centre, Handelsblatt reports

German consortium in talks to build AI data centre, Handelsblatt reports

FRANKFURT (Reuters) -Germany’s SAP, Deutsche Telekom, web hosting firm Ionos and unlisted retailer Schwarz are vying for European Union support to build a large data processing centre for artificial intelligence, the Handelsblatt newspaper reported on Tuesday.

The consortium is in intensive negotiations to build one of the five data centres, known as AI gigafactories, that the EU plans to support, the paper said, citing industry executives.

The companies did not immediately respond to…

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https://kfgo.com/2025/05/27/german-consortium-in-talks-to-build-ai-data-centre-handelsblatt-reports/