Europe signs off on up to €1.2B in state aid for homegrown cloud projectRichard Speedon December 6, 2023 at 10:15 The Register

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Vendor to speak unto vendor with first results expected in 2027

The European Commission is to provide up to €1.2 billion in public funding for the IPCEI Cloud project and expects a further €1.4 billion from the private sector. Both pots of money are to be used to promote local interests in a regional computing sector controlled by US giants.…

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