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TechRadar
TechRadar
Craig Hale

European Commission stumps up over €1 billion to build native cloud

Commissione Europea.

The European Commission has approved up to €1.2 billion in funding for an Important Project of Common European Interest (IPCEI), which it says will, “support research, development and first industrial deployment of advanced cloud and edge computing technologies across multiple providers in Europe.”

The news comes as European, British, and other antitrust regulators continue to investigate Microsoft and other cloud service providers over their market dominance. 

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