The Schwarz Group, Germany’s largest retailer and owner of supermarket chain Lidl, is planning to pitch the government to be the lead developer of a major data center central to Europe’s artificial intelligence efforts.
The privately held retailer, which is controlled by billionaire founder Dieter Schwarz, will present its plan to spend billions of euros on Friday, according to people familiar with the matter, who asked not to be identified discussing private deliberations.
Somehow when I read Supermarket Billionaire I thought of Jeff Bezos. When i read AI Gigafactory after that, I thought of Elon Musk. But no, it’s the Lidl dude. Maybe because our billionaires arent in the news as often?
Yeah the Lidl guy flies under the radar compared to the Musks and Bezoses of the world. But having a European company build AI infastructure is actually huge for tech sovereignty - means less dependence on US/China for critical tech. Better for data privacy and security too.
Somehow when I read Supermarket Billionaire I thought of Jeff Bezos. When i read AI Gigafactory after that, I thought of Elon Musk. But no, it’s the Lidl dude. Maybe because our billionaires arent in the news as often?
Yeah the Lidl guy flies under the radar compared to the Musks and Bezoses of the world. But having a European company build AI infastructure is actually huge for tech sovereignty - means less dependence on US/China for critical tech. Better for data privacy and security too.