Telefónica venture freed to make Gigafactory bid
Operator gains EC nod to establish AI data hub joint venture with Spanish partners including Santander, Multiverse Computing, and ACS.
This article includes:
- Organisations: ACS; AI Continent Action Plan; Brookfield Asset Management; Deutsche Telekom; DT; EC; EuroHPC; European Commission; European Union; EU; Lidl; Multiverse Computing; Orange; Santander; Schwarz Group; SET; Spanish Ministry for Digital Transformation; Spanish Society for Technological Transformation; Telefónica; Vodafone.
- Geographic: Europe; France; Germany; Spain.
- People: Margherita Della Valle.
- Themes: AI data hub; AI factories; AI Gigafactories; AI Gigafactory; AI processors; AI sovereign infra; cloud; colocation; data centre capacity; data centre investment; data centres; edge hubs; edge infra; edge sites; financial services; high-performance computing; joint venture; JV; M&A; merger review; next-generation IT and comms services; private ownership; public money; quantum AI software; simplified merger review; state-owned; tech ambitions; telco; technological transformation.
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