Deutsche Telekom Plans AI Data Center with Nvidia and Brookfield
Deutsche Telekom has increased its financial guidance for 2025, following better-than-expected second-quarter earnings. The company reported a 1% year-on-year increase in net revenue to €28.6 billion, with service revenue growing by 4% to €24.4 billion. Adjusted EBITDA AL also saw a 5% increase in organic terms, reaching €11.0 billion.
In a significant move, Deutsche Telekom is collaborating with Nvidia and Brookfield to construct an AI data center in Germany. The project aims to establish the world's first industrial AI cloud for European manufacturers, with construction set to begin in 2026. The data center will be located in North Rhine-Westphalia, although the final site decision is pending.
The company is leveraging AI to drive efficiencies, with over 30% of its German workforce using AI-powered tools. Deutsche Telekom aims to save around €800 million outside the US by 2027 through AI and data utilization. The company is committed to expanding its data center portfolio in response to growing demand for AI applications.
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