Cloud Computing Demand Outstrips Supply, Hindering AI Expansion

Companies specializing in cloud computing for AI, known as ‘Neocloud’, possess exceptional technical capabilities but require increased funding to expand their operations and develop their infrastructure.

The demand for AI services from various economic sectors is increasing, creating a gap between available funding and the needs of these companies.

To address this challenge, Jensen Huang, CEO of NVIDIA, emphasizes the importance of establishing a local infrastructure in Europe to support the growth of the AI market and enable companies to develop and deploy AI services more efficiently.