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Europe Doesn't Need More Data Centers for AI, SAP CEO Says

Summary by Bloomberg
Christian Klein, the chief executive officer of Europe’s most valuable company, said that Europe doesn’t require a flurry of more data centers to compete in artificial intelligence, rejecting a narrative pushed by Nvidia Corp. CEO Jensen Huang on a trip to the continent last month.

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The EU is putting the wrong focus on digital sovereignty and artificial intelligence, says Klein. He calls for concentration on AI applications instead of the construction of data centres.

·Zürich, Switzerland
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Christian Klein believes that the billions in funding of huge data centres in the EU are missing. The hardware train has run out, he says. Politics should now primarily take care of a better application of AI.

·Frankfurt, Germany
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The construction of gigafactories in the EU does not fit SAP into the business model. Corporate CEO Christian Klein clearly opposes it. (SAP, AWS)

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Instead of investing in infrastructure, the money should rather flow into AI applications and digital education, says SAP CEO Christian Klein.

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Bloomberg broke the news in United States on Thursday, July 3, 2025.
Sources are mostly out of (0)