Deutsche Telekom and Schwarz Group join forces on major AI data center
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Deutsche Telekom and the Schwarz Group have unveiled plans to construct an AI gigafactory, according to German newspaper Handelsblatt. Discussions between the two companies are reportedly in the advanced stages, and they intend to apply for one of the EU-funded large data centers. Handelsblatt reported on Sunday that the DAX-listed telecoms giant and unlisted retailer Schwarz are targeting the $23.4 billion (~€20 billion) earmarked by the EU for the construction of large data centers in Europe. However, a formal agreement has not yet been reached or signed. Meanwhile, the region hopes to catch up with China and the U.S. through these projects. According to the report, collaborations for the construction of these large data centers in Europe are imminent. Schwarz CEO Gerd Chrzanowski and Telekom CEO Timotheus Höttges initiated the new collaboration, according to insider reports. Brookfield, a Canadian financial investor, could reportedly also support the project as a financier. Telekom seeks to elevate Germany’s AI dominance A Telekom spokesperson stated that the company is interested in establishing Germany’s dominance in the AI race through the EU AI gigafactory projects. However, the spokesperson declined to comment on the joint bid with Schwarz. Brookfield and Schwarz apparently also declined to comment on the potential collaborations when contacted. However, a top manager from the Schwarz Group had previously hinted at the cooperation between the two companies in public. Rolf Schumann, co-CEO of the digital subsidiary Schwarz Digits, also stated at the mid-November summit for European digital sovereignty that his company will join forces with Deutsche Telekom to bring one of the gigafactories to Germany. Höttges was reportedly standing a few meters from Schumann during this revelation. Deutsche Telekom, SAP, Schwarz, and Ionos reportedly came together a few months ago to pursue EU funding for a large data center in Germany. The consortium…
Filed under: News - @ December 1, 2025 7:26 am