The EU's Cloud and AI Development Act aims to triple data center capacity in five to seven years; the Chips Act 2.0 recommends allowing direct EU investments (Gian Volpicelli/Bloomberg)

Gian Volpicelli / Bloomberg: The EU's Cloud and AI Development Act aims to triple data center capacity in five to seven years; the Chips Act 2.0 recommends allowing direct EU investments — The European Union unveiled a sweeping plan to expand its domestic technology supply chains, targeting greater independence …