EU Unveils Plan to Triple Data Center Capacity, Introduce Chips Act 2.0

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The EU's Cloud and AI Development Act aims to triple data center capacity in 5-7 years and introduce Chips Act 2.0 for direct EU investment, expanding domestic tech supply chains.

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The EU's Cloud and AI Development Act aims to triple data center capacity in five to seven years; the Chips Act 2.0 recommends allowing direct EU investments

6/3/2026, 4:15:36 PM

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