SAP CEO Christian Klein, pictured May 16, 2024, says he would back Stargate Europe worth $500 billion.
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Recently, the American president is Donald Trump announced Project Stargate — a $500 billion investment in US artificial intelligence infrastructure — should be a “wake-up call” for Europe, according to the CEO of one of the region’s biggest tech companies.
Asked Thursday about the project backed by OpenAI, SoftBank and Oracle and led by the Trump administration, SAP CEO Christian Klein said it should be an example for Europe.
“It is the right move, and it is also about making the government more productive,” he said. “Look at Europe, we always complain about regulations about too many AI works… It’s a great role model for Europe.”
Klein added that he would “absolutely support” the Stargate project for Europe.
“We do business with all public sectors around the world, of course we would welcome that in Europe,” he told CNBC’s Karen Tso and Steve Sedgwick. “Europe needs it the most, from my perspective.”
