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Deutsche Telekom and Schwarz Group to construct AI knowledge centre, German newspaper studies

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Last updated: November 30, 2025 9:17 pm
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Deutsche Telekom and Schwarz Group to construct AI knowledge centre, German newspaper studies
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BERLIN, Nov 30 (Reuters) – Deutsche Telekom ​and the Schwarz Group are ‌planning to collectively construct a gigafactory for synthetic ‌intelligence, German newspaper Handelsblatt reported on Sunday.

An “AI gigafactory” is a facility designed particularly to ⁠assist the ‌large computing wants of AI.

The Germany-based telecoms large and ‍unlisted retailer Schwarz are in talks to use for the big knowledge centres funded by ​the European Union, the ‌newspaper mentioned, citing six folks conversant in the matter.

The European Fee this yr unveiled plans to offer $20 billion in funding to assemble AI ⁠knowledge centres to ​meet up with the ​U.S. and China.

The negotiations are mentioned to be nicely ‍superior, ⁠however a proper settlement has not but been reached, three folks ⁠conversant in the matter instructed Handelsblatt.

(‌Reporting by Maria Martinez; enhancing ‌by Diane Craft)

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