SAP CEO Christian Klein, pictured on May 16, 2024, says he will support the $500 billion Stargate Europe project.
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US President Donald Trump recently Project Stargate announced – A $500 billion investment in US AI infrastructure – should be a “wake-up call” for Europe, according to the CEO of one of the region’s largest technology companies.
Asked Thursday about the project, which is backed by OpenAI, SoftBank and Oracle and led by the Trump administration, SAP CEO Christian Klein said it should set an example for Europe.
“It's the right move, and it's also about making the government more productive,” he added. “Look at Europe, we're always complaining about the regulations around a lot of AI work… It's a great model for Europe.”
Klein added that he would “fully support” the Stargate project for Europe.
“We engage with all public sectors around the world, and of course we welcome that in Europe,” he told CNBC's Karen Tso and Steve Sedgwick. “Europe desperately needs it, in my view.”
