EU approves 1.2 billion euros aid plan to support cloud computing and edge computing.

  On December 5, local time, the European Commission approved a national aid plan of 1.2 billion euros to support the research, development and first industrial deployment of advanced cloud computing and edge computing technologies in Europe.

  According to the communique issued by the European Commission on the same day, the plan is called "Important Plan for Common Interests in Europe — — Next Generation Cloud Infrastructure and Services "is jointly sponsored by seven EU countries, namely France, Germany, Hungary, Italy, Netherlands, Poland and Spain, including 19 highly innovative projects undertaken by 19 enterprises including France Source, Siemens AG and Telefonica.

  The communique said that the above seven countries will provide up to 1.2 billion euros of public funds, which is expected to incite 1.4 billion euros of private investment. The plan involves developing an interoperable and open-access European data processing ecosystem, and relevant innovative projects will promote the digitalization and green transformation of Europe.

  The communique also said that the plan is the first aid plan of the European Union’s "Important Plan for Common Interests in Europe" in the field of cloud computing and edge computing, and at least about 1,000 high-quality talent jobs will be created, and more jobs will be created after related projects enter the commercial operation stage.

  Official website, the European Commission, showed that the EU had previously approved a number of national aid programs within the framework of the "Important Plan for European Common Interests", involving batteries, hydrogen energy, microelectronics and other fields.