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Data Centers & Infrastructure Source: TechCrunch August 31, 2026

Europe and Middle East Announce $40B Expansion in Hyperscale AI Data Centers at LEAP 2026

Europe and Middle East Announce $40B Expansion in Hyperscale AI Data Centers at LEAP 2026

At the LEAP 2026 technology summit, consortium leaders and sovereign fund managers announced over $40 billion in commitment toward hyperscale data center infrastructure spanning Europe and the Middle East.

The multi-year investment program prioritizes constructing high-density facilities optimized for megawatt AI compute clusters. Sites will feature direct grid interconnects and dedicated renewable solar and nuclear power purchase agreements.

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The capital allocation addresses urgent capacity constraints facing global cloud providers as next-generation frontier model training demands gigawatt-scale infrastructure.

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