European Union - News and Updates


Hungary's election authorities say the upstart opposition Tisza party is certain to win more than two thirds of parliamentary seats in Sunday's election, defeating Prime Minister Viktor Orban's ruling party.

The pro-European Tisza's victory is expected to lead to a change of government in Hungary for the first time in 16 years.

With over 89 percent of the vote counted, Tisza gained 138 of 199 seats, while Orban's Fidesz party won 54.

Orban is known for his pro-Russian stance, and has opposed the European Union's assistance for Ukraine in its fight against Russia's invasion. He also advocates a policy of putting Hungary first, and has maintained favorable relations with US President Donald Trump.
 
www.bbc.com

EU approves €90bn loan for Ukraine as pipeline is turned on ending deadlock

Ukraine says it has reopened the Druzhba pipeline, after months of stalemate over stalled oil supplies to neighbouring Hungary.
www.bbc.com www.bbc.com

Ukraine says it has resumed pumping Russian oil through a pipeline into Hungary and Slovakia, bringing to an end months of deadlock over a €90bn (£78bn) loan seen as vital European Union support for Kyiv.

Soon afterwards, EU ambassadors meeting in Brussels gave preliminary approval to the loan, as well as a 20th package of sanctions on Russia, officials said.

EU leaders will sign it off at an informal summit in Cyprus on Thursday.

Although the funding was agreed last December, Hungary's Viktor Orbán slapped a veto on the payment in February after Ukraine said damage caused by a Russian attack had brought supplies to a halt.

Ukrainian oil and government sources told officials in Hungary and Slovakia that pumping had restarted, hours after the EU ambassadors began discussing the loan.
 
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www.euronews.com

Rubio in Rome: 'Trump has not decided on withdrawal' but warns of 'problem with Nato allies

The US Secretary of State in talks in Rome with Meloni and Tajani. The Italian minister reiterated his readiness for a mission to Hormuz after the war and Trump's no to tariffs. Rubio promised developments in negotiations with Iran and that "not being able to count" on Allies "is a problem"...
www.euronews.com www.euronews.com

The US Secretary of State in talks in Rome with Meloni and Tajani. The Italian minister reiterated his readiness for a mission to Hormuz after the war and Trump's no to tariffs. Rubio promised developments in negotiations with Iran and that "not being able to count" on Allies "is a problem"
 
Rajput Lion said:
The European love for these is simply inexplicable.
Click to expand...
The Europeans are in debt of the Americans. The Gulf countries fund these first world welfare states. It will happen as it's a contract. The Gulf Arabs fund their Companies and MIC while the Europeans take all the undesirables. Then European intel agencies recruit the radicals and spread them back to whatever country they want to deradicalise
 
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www.cnbc.com

SoftBank plans 75 billion euros of AI investments in France, as Europe struggles to catch up with U.S. and China

The Japanese tech giant plans to develop and operate 5 GW of AI data center capacity in France, with an initial 3.1 GW of facilities in the country's north.
www.cnbc.com www.cnbc.com

Japan’s SoftBank Group plans to invest 45 billion euros ($53 billion) over the next five years to build artificial intelligence infrastructure in France, the company said on Sunday.

The tech giant said the commitment is part of a 75-billion-euro program to roll out 5 GW of AI data center capacity in France.

Softbank said the initial phase of the plan involves building 3.1 GW of AI data centers in the northern Hauts-de-France region by 2031, including in Dunkirk, Bosquel and Bouchain.

“The commitment marks SoftBank Group’s largest AI infrastructure investments in Europe,” Softbank said in a statement. “It is designed to support the rapid growth of artificial intelligence by expanding access to high-performance compute capacity in France.”

The investment plans are due to be formally announced on Monday.

“AI is entering a new era, and the countries that build the infrastructure for this transformation will shape the future of technology, industry and society,” said Softbank CEO Masayoshi Son. “SoftBank is proud to make this major commitment to France. With its industrial capabilities, talent base and national ambition, France is uniquely positioned to become a leading AI infrastructure hub in Europe.”
 
Shan said:
www.cnbc.com

SoftBank plans 75 billion euros of AI investments in France, as Europe struggles to catch up with U.S. and China

The Japanese tech giant plans to develop and operate 5 GW of AI data center capacity in France, with an initial 3.1 GW of facilities in the country's north.
www.cnbc.com www.cnbc.com

Japan’s SoftBank Group plans to invest 45 billion euros ($53 billion) over the next five years to build artificial intelligence infrastructure in France, the company said on Sunday.

The tech giant said the commitment is part of a 75-billion-euro program to roll out 5 GW of AI data center capacity in France.

Softbank said the initial phase of the plan involves building 3.1 GW of AI data centers in the northern Hauts-de-France region by 2031, including in Dunkirk, Bosquel and Bouchain.

“The commitment marks SoftBank Group’s largest AI infrastructure investments in Europe,” Softbank said in a statement. “It is designed to support the rapid growth of artificial intelligence by expanding access to high-performance compute capacity in France.”

The investment plans are due to be formally announced on Monday.

“AI is entering a new era, and the countries that build the infrastructure for this transformation will shape the future of technology, industry and society,” said Softbank CEO Masayoshi Son. “SoftBank is proud to make this major commitment to France. With its industrial capabilities, talent base and national ambition, France is uniquely positioned to become a leading AI infrastructure hub in Europe.”
Click to expand...
The thing is, 5GW is equivalent to 5 nuclear power plants, and we have them...

Why France? Because an AI data center of this size isn’t just looking for land or engineers. Above all, it needs abundant, stable, controllable, and low-carbon electricity. And that’s where France’s nuclear fleet becomes a massive comparative advantage. Macron explicitly touts France’s 57 nuclear reactors as the energy backbone of the AI infrastructure, with his “plug, baby, plug” slogan.
Technological sovereignty does not rest solely on processors, algorithms, or satellites. It also rests on the ability to power all of this continuously. AI is extremely energy-intensive; the electricity constraint therefore becomes a strategic constraint. A country with controllable, decarbonized electricity can attract critical infrastructure. A country that depends on an unstable, expensive, or carbon-intensive energy mix will struggle more.

The stock market impact has been spectacular: SoftBank has become Japan’s largest company by market capitalization, surpassing Toyota, with approximately 48.8 trillion yen—or around $306 billion—following a surge driven by AI enthusiasm and this French announcement.
 
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Picdelamirand-oil said:
The thing is, 5GW is equivalent to 5 nuclear power plants, and we have them...

Why France? Because an AI data center of this size isn’t just looking for land or engineers. Above all, it needs abundant, stable, controllable, and low-carbon electricity. And that’s where France’s nuclear fleet becomes a massive comparative advantage. Macron explicitly touts France’s 57 nuclear reactors as the energy backbone of the AI infrastructure, with his “plug, baby, plug” slogan.
Technological sovereignty does not rest solely on processors, algorithms, or satellites. It also rests on the ability to power all of this continuously. AI is extremely energy-intensive; the electricity constraint therefore becomes a strategic constraint. A country with controllable, decarbonized electricity can attract critical infrastructure. A country that depends on an unstable, expensive, or carbon-intensive energy mix will struggle more.

The stock market impact has been spectacular: SoftBank has become Japan’s largest company by market capitalization, surpassing Toyota, with approximately 48.8 trillion yen—or around $306 billion—following a surge driven by AI enthusiasm and this French announcement.
Click to expand...

Will French reactors supply AC or DC to data centers?

Green energy provides DC.
 
randomradio said:
Will French reactors supply AC or DC to data centers?

Green energy provides DC.
Click to expand...
DC power can be generated locally, but the demand is enormous and requires tens of thousands of wind turbines and millions of solar panels: to consolidate all that power and transmit it without prohibitive losses, it has to be converted to AC anyway, so as far as I’m concerned, both systems supply AC power.
 
Picdelamirand-oil said:
DC power can be generated locally, but the demand is enormous and requires tens of thousands of wind turbines and millions of solar panels: to consolidate all that power and transmit it without prohibitive losses, it has to be converted to AC anyway, so as far as I’m concerned, both systems supply AC power.
Click to expand...

Data centers need DC power to run electronics. The DC generated from solar cells are directly transmitted to data centers as HVDC.

There is no conversion involved and DC transmission has lower losses than AC.
 
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