06:13 AM EDT, 10/28/2025 (MT Newswires) -- Nvidia ( NVDA ) and Deutsche Telekom are preparing a 1 billion euro ($1.17 billion) German data center for AI workloads, Bloomberg News reported Tuesday, citing people familiar with the plans.

Both companies will provide funding for the roughly $1.2 billion project, the news outlet reported.

SAP (SAP) is reportedly expected to be a customer of the facility.

An announcement is planned in Berlin next month with Deutsche Telekom CEO Tim Hottges, Nvidia ( NVDA ) CEO Jensen Huang, SAP CEO Christian Klein, and Germany's digital minister, the media outlet quoted the sources as saying.

Nvidia ( NVDA ) and SAP declined to comment, and Deutsche Telekom did not immediately respond to MT Newswires' request for comment.

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