Article 6GY4V Europe signs off on up to €1.2B in state aid for homegrown cloud project

Europe signs off on up to €1.2B in state aid for homegrown cloud project

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from The Register on (#6GY4V)
Story ImageVendor 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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