Finance
Netherlands holds supply talks with Nvidia, AMD on AI-facility
Published by Global Banking & Finance Review®
Posted on January 10, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 10, 2025
1 min readLast updated: January 27, 2026
The Netherlands is in discussions with Nvidia and AMD to supply hardware for a potential AI facility, aiming to enhance Europe's digital economy.
AMSTERDAM (Reuters) - The Dutch government said on Thursday it is in discussions with U.S. chip firms Nvidia and AMD about suppling hardware and technological knowledge for a possible artificial intelligence (AI) facility.
The Netherlands aims to build a facility where an AI supercomputer can contribute to research and development, as part of broader EU projects to strengthen Europe's digital economy, it said in a statement.
Last year the Dutch government set aside 204.5 million euros ($210 million) for investments in AI, while it also aims to use European subsidies.
Economy minister Dirk Beljaarts said the chances of realising the project had increased as a result of the discussions, without giving specific details.
"Competition is fierce, the whole world is after this technology," the minister said after a meeting with Nvidia in Silicon Valley.
"This deal brings building a Dutch AI facility a lot closer."
(This story has been corrected to clarify that the Netherlands has held talks with Nvidia, not reached a deal, in paragraphs 1 and 4)
($1 = 0.9708 euros)
(Reporting by Bart Meijer and Toby Sterling; Editing by Kim Coghill)
The Netherlands is in talks with Nvidia and AMD to supply hardware for a potential AI facility.
The facility aims to contribute to research and development and strengthen Europe's digital economy.
The Dutch government set aside 204.5 million euros for AI investments last year.
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