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SAP CEO Christian Klein, pictured on May 16, 2024, says he will support a $500 billion Stargate Europe.
Alex Grimm | Getty Images News | Getty Images
US President Donald Trump is of late announced Stargate Project – a $500 billion investment in American AI infrastructure – should be a “wake-up call” for Europe, according to the CEO of one of the region’s biggest tech companies.
Asked Thursday about the project, which is backed by OpenAI, SoftBank and Oracle and led by the Trump administration, SAP CEO Christian Klein said it should be an example for Europe.
“It’s the right move, and it’s also about making the government more productive,” he said. “Look at Europe, we’re always complaining about regulations on too many AI acts… It’s a great model for Europe.”
Klein added that he would “absolutely support” a Stargate Project for Europe.
“We do business with all the public sectors in the world, of course we would like to do well in Europe,” he told CNBC’s Karen Tso and Steve Sedgwick. “Europe needs more, from my perspective.”
