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Pictured on May 16, 2024, SAP CEO Christian Klein says he will back the $500 billion Stargate Europe.
Alex Grim | Getty Images News | Getty Images
Recently, US President Donald Trump announced the Stargate project — a $500 billion investment in US artificial intelligence infrastructure — should be a “wake-up call” for Europe, according to the CEO of one of the region’s biggest technology companies.
Asked Thursday about the project, which is backed by OpenAI, SoftBank and Oracle and is being led by the Trump administration, SAP CEO Christian Klein said it should set an example for Europe.
“This is the right move and it is also aimed at making the government more productive,” he said. “Look at Europe, we’re always complaining about the rules around too many AI acts… It’s a great role model for Europe.”
Klein added that he would “absolutely support” the Stargate project for Europe.
“We do business with all public sectors around the world, of course we would welcome that in Europe,” he told CNBC’s Karen Tso and Steve Sedgwick. “From my point of view, Europe needs it the most.”