<ul data-eligibleForWebStory="false"><li>The Schwarz Group, Germany's largest retailer and owner of Lidl, plans to propose building a major data center for Europe's AI efforts.</li><li>The company aims to spend billions of euros on this project and compete for European Union subsidies for new AI 'gigafactories.'</li><li>Europe is striving to reduce dependency on US providers in AI technology and increase its own expertise in key areas like AI, cloud, and cybersecurity.</li><li>The Schwarz Group wants to lead a joint German bid for an AI factory, but the outcome is uncertain, with previous partnership talks falling through.</li></ul>

Supermarket billionaire wants to build AI gigafactory in Europe

Discover more