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EU's CISPE Invests €1M in Sovereign Cloud Project

4/1/2025

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Summary

Story summary

CISPE, the European cloud association, is pouring one million euros into the groundbreaking open-source project "Fulcrum," designed to establish a sovereign cloud infrastructure for Europe. This initiative will harness distributed cloud resources, offering a powerful alternative to foreign services. By pushing for updated EU procurement rules, CISPE envisions a future where European cloud solutions could generate an impressive 20 billion euros each year.

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Story summary

CISPE, the European cloud association, is pouring one million euros into the groundbreaking open-source project "Fulcrum," designed to establish a sovereign cloud infrastructure for Europe. This initiative will harness distributed cloud resources, offering a powerful alternative to foreign services. By pushing for updated EU procurement rules, CISPE envisions a future where European cloud solutions could generate an impressive 20 billion euros each year.