{"id":21645,"date":"2025-05-17T08:01:06","date_gmt":"2025-05-17T02:31:06","guid":{"rendered":"https:\/\/thecatalystonline.in\/thecatalyst\/italy-to-host-europes-largest-ai-computer-with-uae-support\/"},"modified":"2026-08-19T18:33:05","modified_gmt":"2026-08-19T13:03:05","slug":"italy-to-host-europes-largest-ai-computer-with-uae-support","status":"publish","type":"post","link":"https:\/\/thecatalystonline.in\/thecatalyst\/italy-to-host-europes-largest-ai-computer-with-uae-support\/","title":{"rendered":"Italy to host Europe\u2019s largest AI computer with UAE support"},"content":{"rendered":"\r\n<p><a title=\"Saudi Arabia plans $100 Billion AI initiative: Project Transcendence\" href=\"https:\/\/thecatalystonline.in\/home\/saudi-arabia-plans-100-billion-ai-initiative-project-transcendence\/\" target=\"_blank\" rel=\"noopener\">United Arab Emirates<\/a> tech firm\u00a0<a title=\"G42\" href=\"https:\/\/www.g42.ai\/\" target=\"_blank\" rel=\"noopener nofollow\">G42<\/a>\u00a0agreed on Friday to partner with Italian artificial intelligence startup iGenius to develop a major AI supercomputer in Italy, the companies said in a joint statement.<\/p>\r\n\r\n\r\n\r\n<p>The deal is part of a broader framework announced at a bilateral summit in February, where the United Arab Emirates\u00a0pledged\u00a0to invest $40 billion in Italy, Italian Prime Minister Giorgia Meloni said at that time.<\/p>\r\n\r\n\r\n\r\n<p>The AI data center\u00a0project, called Colosseum, will be developed with $1 billion over five years using Nvidia\u00a0technology in southern Italy.<\/p>\r\n\r\n\r\n\r\n<p>G42 will be the main financier of the initial phase, to create what the companies called the &#8220;largest AI computer deployment&#8221; in Europe.<\/p>\r\n\r\n\r\n\r\n<p>The agreement will create an AI hub in Italy, Industry Minister Adolfo Urso said at the Investopia conference in Milan, noting &#8220;strong chances&#8221; that it would be located in the southeastern Apulia region.<\/p>\r\n\r\n\r\n\r\n<p>Abu Dhabi sovereign wealth fund Mubadala, the UAE&#8217;s ruling family and U.S. private equity firm Silver Lake, hold stakes in G42.<\/p>\r\n\r\n\r\n\r\n<p>Content Courtesy &#8211; Reuters<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>UAE tech firm G42 partners with Italian AI startup iGenius to develop a major AI supercomputer in Italy, the companies announced Friday.<\/p>\n","protected":false},"author":2,"featured_media":3596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-21645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-catalyst-exclusive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - 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