Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Technology

French consortium to bid for EU's AI datacentre fund

The AION ​consortium, which groups some ​of France's biggest tech and infrastructure companies, will ​seek EU funding for an expected €10 billion ($11.60 billion) data centre it plans to build in France.

To try to close the gap between Europe ‌and the ⁠United States ⁠and China, which have invested heavily in high-capacity data centres, the ​European Union's executive in December launched a €20 billion fund to boost investment ​in AI infrastructure.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.