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Europe must critically evaluate whether its massive public funding for hyperscale data centers aligns with necessary technological requirements or merely replicates Silicon Valley's capital-intensive business model. Before committing billions to specific infrastructure, policymakers should assess if alternative compute ecosystems could achieve similar AI advancements with different resource constraints. This analysis is vital as the EU risks locking into a path of high energy and water consumption that may not be sustainable or optimal for its long-term strategic goals.
Europe shouldnt bet it AI future on big data centres

OpenAI and Anthropic have started a process that could lead to public offerings to raise much-needed capital. Europe should be paying close attention. Both companies have confidentially submitted draft S-1 registration statements to the US Securities and Exchange Commission. An S-1 asks questions which have been obscured by AI industry hype. How does the company make money? How much capital does it require? Who does it depend upon? Europe is preparing to bet heavily on how AI compute will be…
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