
HPC cloud provider Qarnot gets funding from European Innovation Council
Value of funding not shared
Value of funding not shared
Commission also plans to propose Cloud and AI Development Act to triple EU data center capacity
Two years in the making, guarantees data processed and stored in the EU
Will ensure and strengthen security and resilience of subsea cables
Announced in May last year, will be partially funded by the EU
Each site to feature at least 100,000 AI chips
As Trump threatens to start a trade war with the EU
The constellation will rival Musk's Starlink
Has already held talks with Italian counterpart
e& is set to have a controlling stake in PPF Telecom's operations
The Euro-bloc has traditionally been very tough on potential mergers
Includes reducing trade restrictions and increasing the sector’s skilled workforce
Worst case scenario under current plans would see industry emissions exceed 100 megatons by 2030
Package made up of public and private investment
Last move from country to rejoin EU research programs
Critics include Deutsche Telekom, Orange, Airbus
Gets rid of requirement previously preventing Amazon, Google, and Microsoft from vying for contracts
European Commission gives scheme the green light
Company recently received a $1bn valuation
EU proposals will be launched on Wednesday
The group wants to host systems designed for more than just scientific use
EU Data Act goes into force on January 11, 2024
Looking for somewhere to install and operate quantum sites
Hopes to break the US hyperscaler cloud monopoly
As renewable energy faces a transmission bottleneck
And will also rejoin the Copernicus Earth observation satellite program
The deal still has some obstacles
Claims that there's no verification to comments made by EC