Nvidia Corp. and Deutsche Telekom AG are building a €1 billion ($1.2 billion) data center in Germany to bolster infrastructure in Europe that can power complex artificial intelligence systems.
The facility is one of Europe’s largest and will begin operations in the first quarter of 2026, Germany’s biggest telecom operator said in a statement on Tuesday, confirming a report by Bloomberg News.
The plans were unveiled at an event in Berlin featuring Nvidia Chief Executive Officer Jensen Huang and Deutsche Telekom boss Tim Höttges, as well as the heads of SAP SE, Deutsche Bank AG and two ...