Deutsche Telekom AG $DTEGY has entered into a strategic alliance with Nvidia Corporation $NVDA to build a dedicated artificial intelligence (AI) cloud infrastructure for European manufacturers. The announcement signals a pivotal move toward strengthening the European Union’s position in the global AI race, aiming to bridge the technological gap with the U.S. and China. The new platform, powered by 10,000 Nvidia GPUs, will be hosted in Telekom’s data centers in Germany and is scheduled to become operational by 2026.

Deutsche Telekom AG $DTEGY, Europe's largest mobile network operator, has reported its financial results for the first quarter, surpassing analysts' expectations. This highlights the resilience of the company's mobile business in the German domestic market, despite increasing competition in the broadband internet sector.

Deutsche Telekom AG $DTEGY, the largest mobile network operator in Europe, recently released its profit forecast for 2025. However, the company’s outlook has not met analysts' expectations as it faces a slowdown in growth outside the United States. This situation raises pertinent questions about Deutsche Telekom's future amidst fierce competition and a changing telecommunications market in Europe.