Try GOLD - Free
Nvidia CEO: Europe's AI power to grow 10x
Financial Express Lucknow
|June 12, 2025
NVIDIA CORP. CEO Jensen Huang projected that Europe's artificial-intelligence computing capacity will increase by a factor of ten over the next two years, with more than 20 so-called AI factories in the works.
"Europe has now awakened to the importance of these AI factories," said Huang, whose company is supplying chips for virtually every major AI-computing project under construction on the continent. Several of massive data centers will have more than a gigawatt of capacity, potentially ranking them among the largest in the world, he said during a company event jointly held with the VivaTech tech conference in Paris.
"The researchers, the startups, your AI shortage, your GPU shortage will be resolved for you soon," he said. "It's coming."
This story is from the June 12, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
Delhi govt, pvt offices to enforce 50% WFH due to high pollution
DELHI GOVERNMENT OFFICES and all private establishments in the city will function with 50% staff strength, and the rest will work from home under stage three of the Graded Response Action Plan (GRAP) in view of high air pollution levels, according to an order issued on Monday.
2 mins
November 25, 2025
Financial Express Lucknow
Data show room exists for rate cut: RBI guv
RESERVE BANK OF INDIA (RBI) Governor Sanjay Malhotra said on Monday that the current economic indicators suggest there is a scope for repo rate cut, but a decision on it will be made by the Monetary Policy Committee (MPC).
1 min
November 25, 2025
Financial Express Lucknow
S&P pegs India GDP growth at 6.5% in FY26
S&P GLOBAL RATINGS on Monday said India’s economy may expand by 6.5% in the current fiscal and 6.7% in FY27, citing tax relief measures and monetary policy easing as key boosters for consumption-driven growth.
1 min
November 25, 2025
Financial Express Lucknow
Govt readies reforms push in Parliament
THE CENTRE PLANS to push through a dozen major Bills in the upcoming Winter Session of Parliament to speed up reforms and boost investments.
1 min
November 25, 2025
Financial Express Lucknow
Air India to induct 26 new planes in 2026, says CEO
AIR INDIA GROUP expects 2026 to be the most visible phase of its ongoing overhaul, even as its overall capacity will remain largely unchanged next year due to a simultaneous induction of new aircraft and exit of older ones.
1 mins
November 25, 2025
Financial Express Lucknow
Distribution biz augmenting brokerage operations’
Young investors should adopt a long-term investment mindset to build sustainable wealth, CJ George, chairman and managing director at listed-brokerage Geojit Financial Services, tells
2 mins
November 25, 2025
Financial Express Lucknow
'New labour codes unlikely to disrupt IT sector hiring'
Indian enterprises are navigating a decisive moment in regulation, says Sindhu Gangadharan, MD of SAP Labs India and chairperson of Nasscom. In a conversation with Ayanti Bera, she explains how the new labour codes won't disrupt hiring in the IT sector and how domestic firms have been proactive on data privacy, sovereignty, and are ahead of the curve in adopting AI. Excerpts:
2 mins
November 25, 2025
Financial Express Lucknow
Colgate steps up premium play as demand rebounds
ORAL CARE MAJOR Colgate-Palmolive India is sharpening its focus on premiumisation as urban markets show early signs of recovery, industry executives in the know said.
1 mins
November 25, 2025
Financial Express Lucknow
Capex cycle stages strong revival in FY26: CareEdge
INDIA'S CAPITAL EXPENDITURE landscape is witnessing a broad-based revival, with improvements across the public and private sectors, setting the stage for sustained economic momentum in FY26 and beyond, CareEdge Ratings said in a report.
1 mins
November 25, 2025
Financial Express Lucknow
Honasa bets on core segments
AIMS TO LIFT SALES CONTRIBUTION TO 85-90% & EXPAND EBITDA BY 100 BPS
1 mins
November 25, 2025
Listen
Translate
Change font size

