The planned facility in Munich is expected to increase AI computing power in Germany by around 50%, a boost for the European Union as it seeks to catch up to the U.S.
Germany has taken a defining step in its digital evolution through a €1 billion ($1.17 billion) partnership between Deutsche Telekom and Nvidia to create an industrial AI cloud near Munich. Expected to go live in early 2026, the project will raise Germany's AI computing power by 50%.
Germany's Deutsche Telekom said on Tuesday it is launching an industrial AI cloud with NVIDIA in a 1 billion euro ($1.17 billion) partnership that will go live in the first quarter of 2026.
Deutsche Telekom (DTEGF/DTEGY) is a stalwart telecom leader with strong positions in the U.S. and Germany, trading at attractive sector-level valuations. DTEGY benefits from majority ownership of T-Mobile US, robust growth, low churn, and a resilient balance sheet, supporting above-average historical and projected earnings growth. The stock offers a 3.3% dividend yield, ongoing buybacks, and em...
Die Aktien der Telekom DE0005557508 sind am Donnerstag mit 27,56 Euro auf den tiefsten Stand seit einem Jahr gefallen.
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