Lidl Will Invest up to €5.6 Billion in a Huge Data Center in Germany

Bild

Lean Right

Factuality

Ownership

Berlin – Germany is pushing the pace of the race for artificial intelligence – and is relying on new computing infrastructure. The Schwarz Group (Lidl,...

Portfolio

Factuality

Ownership

The 50Hertz system operator has confirmed the 240-megawatt grid connection for the Schwarz Group's planned data center in northeastern Germany, the owner of Lidl and Kaufland, a company spokesperson told Montell on Friday. The €5.6 billion investment will be one of the largest single projects in the German data center market.

finanzen100.de

Factuality

Ownership

Lidl mother Schwarz invests 5.6 billion euros in a new data center. This is what the trading giant Amazon and Microsoft want to compete with.

Clubic.com

Factuality

Ownership

The Schwarz group, owner of Lidl and Kaufland, invests up to €5.6 billion in a data centre in Dummerstorf, in northern Germany. The site must display 240 megawatts of installed power by 2033, before exceeding one gigawatt in 2045, to build a European alternative to the US cloud giants.

Presse-citron

Factuality

Ownership

The owner of the Lidl supermarkets is about to hit a huge blow in the tech sector. The German group injects 5.6 billion euros into an IA data center to offer Europe a sovereign alternative to the American giants.