Nvidia, Deutsche Telekom Plan €1 Billion German Data Center (1)

Nvidia Corp. and Deutsche Telekom AG are preparing to announce plans for a €1 billion data center in Germany as part of a broader push to develop more infrastructure across Europe to power AI systems.

Both companies will contribute funding for the $1.2 billion project, according to people familiar with the plans. And SAP SE, Europe’s biggest software company, will serve as a customer of the facility, the people said, asking not to be identified because the details aren’t yet public.

Deutsche Telekom Chief Executive Officer Tim Höttges, Nvidia CEO Jensen Huang, SAP CEO Christian Klein and ...