Europe

8484 readers

3 users here now

News/Interesting Stories/Beautiful Pictures from Europe 🇪🇺

(Current banner: Thunder mountain, Germany, 🇩🇪 ) Feel free to post submissions for banner pictures

Rules

(This list is obviously incomplete, but it will get expanded when necessary)

Be nice to each other (e.g. No direct insults against each other);
No racism, antisemitism, dehumanisation of minorities or glorification of National Socialism allowed;
No posts linking to mis-information funded by foreign states or billionaires.

Also check out !yurop@lemm.ee

founded 1 year ago

MODERATORS

poVoq@slrpnk.net

Europe signs off on €1.2B for homegrown cloud project (www.theregister.com)

submitted 11 months ago by Sagan@eslemmy.es to c/europe@feddit.de

22 comments fedilink hide all child comments

cross-posted from: https://lemmy.cafe/post/1679861

Archive link

I do wish EC pulls this off. It would great having an actual home-grown competitor to cloud providers. EU does data protection better than anyone else, this would very much be a symbiotic relationship.

you are viewing a single comment's thread
view the rest of the comments

[–] sexy_peach@feddit.de 5 points 11 months ago (2 children)

It's going to go to venture capitalists and startups, isn't it?

[–] aodhsishaj@lemmy.world 8 points 11 months ago

The venture capital part of that is the problem. You can have public money fund startups and you tend to get the best results.

https://digital-strategy.ec.europa.eu/en/library/european-commission-launches-new-system-identifying-public-funded-innovations-disruptive-potential

https://ecorner.stanford.edu/articles/is-government-funding-good-for-your-startup/

https://www.wbur.org/onpoint/2020/02/12/economists-slow-economic-growth

https://www.inc.com/minda-zetlin/an-unusually-candid-vc-explains-why-vcs-are-a-bad-idea.html

[–] tal@lemmy.today 5 points 11 months ago* (last edited 11 months ago)

Well, it doesn't say, but it sounded kinda similar to Gaia-X to me. If it is, that involved a lot of large companies that had been around for a long time, so I'd be inclined to guess not.

https://en.wikipedia.org/wiki/Gaia-X

The founding members on the German side[10] included:

Beckhoff Automation

BMW

Bosch

DE-CIX

Deutsche Telekom

German Edge Cloud

PlusServer

SAP

Siemens

The Fraunhofer Gesellschaft, the International Data Spaces Association, and the European cloud provider association CISPE were co-founders of the Gaia-X Association.

On the French side, founding members included:

Amadeus

Atos

Docaposte

Électricité de France (EDF)

Institut Mines-Télécom (IMT)

Orange

Outscale

OVHcloud

Safran

Scaleway

At least some of the above Gaia-X member companies are listed in the article as also being part of this new cloud project:

The research, development, and deployment phases are expected to run from 2023 to 2031, and 19 companies are involved, including SAP and Orange in the Cloud-Edge Capabilities workstream and Deutsche Telecom in the Cloud-Edge Continuum Infrastructure workstream.