Nokia CEO: Europe Lags in AI Infrastructure

Europes AI infrastructure lags behind the US and China, according to Nokias CEO Justin Hotard. He blames tough regulations and energy shortages, with data centers already consuming 3% of EU electricity and set to increase with AI demands. Hotard praises EU efforts but warns theyre insufficient, citing Amazons power grid hookup delays. Nokia, led by Hotard, is capitalizing on AI growth, with their AI and cloud division expected to expand by 27% annually until 2028. Without swift action, Europe risks falling further behind in AI development. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2e975c9f5f1756ef

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