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The EU's Cloud and AI Development Act aims to triple data center capacity in the next 5-7 years, and introduce the Chips Act 2.0 to allow direct EU investment (Gian Volpicelli/Bloomberg) 03-06-2026

Gian Volpicelli / Bloomberg:
The EU’s Cloud and AI Development Act aims to triple data center capacity in the next 5-7 years, and introduce the Chips Act 2.0 to allow direct EU investment  —  The European Union unveiled a sweeping plan to expand its domestic technology supply chains, targeting greater independence …


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