Nvidia and Deutsche Telekom plan to invest 1 billion euros to jointly build an AI data center in Germany

According to a report by Jinse Finance, sources have revealed that Nvidia (NVDA.O) and Deutsche Telekom are planning to announce the joint construction of a data center in Germany worth 1 billion euros (approximately $1.2 billion), marking a significant move by both parties to promote the development of AI system infrastructure in Europe. According to the plan, the two companies will jointly invest in the project. Europe’s largest software company, SAP, has already been confirmed as one of the first clients of the data center. It is reported that all parties expect to jointly announce the plan in Berlin next month. The project will be equipped with about 10,000 advanced graphics processing units (GPUs). However, it still pales in comparison to similar projects globally—for example, the data center jointly developed by SoftBank Group, OpenAI, and Oracle in Texas is expected to deploy 500,000 GPUs.