CoreWeave’s purchase of a cryptocurrency miner gives it ready-built data centres and power agreements with local utilities, both of which are needed to meet ballooning demand for AI https://t.co/Ih6JZrEbcJ ...

AI Infrastructure and Development in Europe - Europe should prioritize developing AI use cases for industries like life science, logistics, and manufacturing rather than competing on infrastructure with the US and China [2] - Focusing solely on building data centers in Europe may not meet current demand; a demand-driven approach from the software and AI layer is needed to stimulate chip demand [5][6] - While infrastructure is necessary, Europe's focus should be on the application layer and building industrial AI, as customers have choices beyond US hyperscalers [4][15][16] AI Regulation and Sovereignty - The primary concern in European AI discussions is often regulation, potentially overshadowing competitiveness and opportunities [7][8] - The EU AI Act, while well-intentioned, risks hindering development if member states create overlapping and inconsistent policies, impeding startup scaling [9][10][11] - Data sovereignty means controlling data location and access, with encryption, rather than solely focusing on the origin of hardware components [14] - Complete technological independence from the US is unrealistic; hardware components will inevitably come from various global sources [13][14]

Earlier this year, a team of Bloomberg reporters went to EW, a remote county in Shinjang, China. They were there as part of an investigation that a handful of Chinese companies were building some 40 data centers across the desert and plan to power them with tens of thousands of NVIDIA chips. Chips that the US banned from being exported to China in 2022.So by building these data centers and build up the like computing power, they aim to build a local domestic AI industry that can go head-to-head with open AI ...

A Bloomberg investigation shows China is building data centers in the remote Xinjiang region. @imandylin2 says they will be used to fuel the country's AI ambitions https://t.co/whSPABSjsN https://t.co/HiRqaCw7gn ...

[CC may contain inaccuracies] Learning that Chinese firms aim to install more than 115,000 NVIDIA AI chips in data centers across the country's western deserts. Now for more. Let's bring in our senior global business reporter and host of the Big Take Asia podcast, Oanh Ha.Oanh you've been talking about this construction boom that's happening near the Gobi Desert in Xinjiang. What's going on there and why are there such big projects happening. It really is quite extraordinary, isn't it.Our Bloomberg investig ...

Geopolitical & Technological Landscape - China is constructing data centers in Xinjiang [1] - These data centers are intended to support China's AI development goals [1]

A Bloomberg analysis of documents and company filings show how China is building giant data centers in the desert to fuel its AI ambitions — and looking to buy 115,000 banned Nvidia chips to power them. Read The Big Take https://t.co/h21YWXfpo1 ...

A Bloomberg investigation shows China is building data centers in the remote Xinjiang region to fuel its AI ambitions — and looking to buy 115,000 Nvidia chips banned by the US to power them.🎙️ Listen now: https://t.co/UTmnym8pWI https://t.co/vXjteOgJXg ...

A Bloomberg investigation shows China is building data centers in the remote Xinjiang region to fuel its AI ambitions — and looking to buy 115,000 Nvidia chips banned by the US to power them. Listen to the Big Take Asia podcast. https://t.co/1ooho97P3m ...

A Bloomberg investigation shows China is building data centers in the remote Xinjiang region. @imandylin2 says they will be used to fuel the country's AI ambitionshttps://t.co/LzV0CV1Mjq https://t.co/s62a1WoJFP ...