While almost 70 % of the cloud market is controlled by Amazon, Google and Microsoft, European players are struggling to exceed 2 % market share. If this situation seemed inexorable for some, other European actors want to correct it as much as this dependence questions data security, and a mastery of future costs.
It is in this context that the Finnish company Datacrunch presented a Gigafactory project dedicated to AI in Latvia. The installation, developed in collaboration with the Republic of Latvia and international investors, could deploy around 100,000 IA accelerators. The objective is to provide a secure calculation capacity, in accordance with European law and fueled by energy up to 100 % renewable.
The infrastructure would be open to startups, SMEs and research institutions across the European Union. The project provides for an evolutionary architecture allowing the addition of other sites in Europe and the entry of new partners. An expression of formal interest was subject to the European Commission.
For the co -founder and managing director of Datacrunch Ruben Bryon, European organizations must choose between dependence on foreign clouds and investment in local solutions.
The company already claims references like Sony, Freepik, Schibsted, 1x and Unbabel. Its services include instant clusters for distributed loads, noted at an equivalent level to Google Cloud by semianalysis, as well as serverless containers used on a large scale. The next developments concern managed Kubernetes service, geographically distributed object storage and optimized inference endpoints for generative models.
Founded in 2020 by Ruben Bryon, Datacrunch provides GPU cloud solutions for IA training and inference. The company has raised 55 million euros in series A, from Byfounders, Skaala, Varma and Tesi, with the participation of J12 Ventures and several individual investors. Part of the tower was funded by debt via Nordea, Armada Credit Partners, Danske Bank, Norion Bank and Local Tapiola. This funding brings capital to 76.5 million euros since its creation.
