SAP CEO Says Europe Needs More Applied AI, Not Another Stargate

Christian Klein, the chief executive officer of Europe’s most valuable company, said that Europe doesn’t require a flurry of more data centers to compete in artificial intelligence, rejecting a narrative pushed by Nvidia Corp. CEO Jensen Huang on a trip to the continent last month.

“Is it really that we need to build five data centers and put great chips in there? Is this what Europe needs? I doubt it,” SAP SE CEO Christian Klein said Thursday in a call with journalists from his offices in Walldorf, Germany.