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Arthur Mensch told a French National Assembly hearing that Europe must act within two years to avoid dependence on U.S. digital services. He described the issue as a contest over energy and computing resources.
theolivepress.esArthur Mensch, chief executive of Mistral AI, told a French National Assembly hearing on digital sovereignty that Europe has a two-year window to develop independent AI infrastructure. Mensch said the outcome will be decided in the next two years. -sourced digital services.
Mensch described the challenge as a contest over chips and electricity. He said once supply is controlled by American companies, Europe would lose the ability to convert electricity into AI tokens. The comments were made Tuesday during the hearing, according to Business Insider reporting cited by Benzinga.
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FortuneThe AI startup targeting financial services automation closed its Series C round on Wednesday. Goldman Sachs led the round, with Tiger Global, Index Ventures and Y Combinator participating.
Nvidia introduced a closed-loop warm-water cooling system that it says can eliminate nearly all on-site water consumption at data centers. The company claims the approach addresses the main water-use challenge inside facilities but leaves external water demands from power generat…
Al-MonitorAntonio Guterres urged major AI companies to measure and report their environmental footprint during a June 23 speech in London. He also launched an initiative requiring renewable power for all data centers by 2030 and pressed governments on methane cuts from fossil fuels.