ChainCatcher report: Works in Progress editor Simon Grimm warned that Europe has lagged behind the U.S. for the past 30 years, and this gap could widen sharply with the advancement of AI. He noted that Europe needs to achieve growth during its AI capability enhancement, but it is currently not on the right path, risking further deterioration of its position. Grimm stated that the world is undergoing one of the most expensive infrastructure expansions in history, yet Europe has seen almost no major data center projects come to fruition—a situation that is somewhat perplexing. AI companies are urgently seeking locations to build data centers, but few projects are advancing in Europe. He believes the issue largely stems from the supply side, as Europe’s conditions are comparatively less favorable, making such developments difficult to realize.
European AI infrastructure lags behind the U.S., warns Works in Progress editor
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Summary
AI and crypto news highlights a growing concern as Works in Progress editor Simon Grimm warns that Europe is falling behind the U.S. in AI infrastructure. He notes that while global demand for data centers is rising, Europe lags in real-world asset (RWA) developments and major project advancements. AI companies are struggling to secure suitable locations, with supply-side challenges hindering progress. Grimm says the situation is unlikely to improve without urgent action.
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