by Diya Joseph via Technology Magazine
World Wide Technology (WWT) plans to secure up to £225m (US$303m) worth of computing power hosted in Europe to supply a select group of growing AI startups over the next six years.
It will do this through a new programme called InfiniteAI, which is designed to bring the European AI supply chain together by connecting start-ups, sovereign neocloud infrastructure and global enterprises.
The programme has been set up to combat the growing divide in global compute capacity. According to WWT, only 2GW of AI compute capacity – around 5% of the global total – sit in the EU while the US has around 17 times as much with 36GW and China more than twice as much with 5GW. These figures point to a connectivity gap, which InfiniteAI aims to address.