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Abu Dhabi's Phoenix Group partners with DC Max to unlock $8 billion European AI data center opportunity, with Lyon, France as first deployment

Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema·Gulf News·20 days ago
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Phoenix Group PLC ( ADX: PHX ), an IHC portfolio company and global digital infrastructure operator, today announced a strategic partnership with DC Max to develop its first European AI data center, an 18MW facility in Lyon, France. The project is the inaugural deployment of Phoenix's European Data Center Platform, a scalable framework targeting over 1GW of combined AI and HPC capacity across Europe and the GCC. Phoenix sees this move as a direct extension of the UAE’s national AI ambition, an Abu Dhabi-headquartered company bringing its operational expertise and capital to the European stage, ensuring regionally headquartered operators are active shapers, not spectators, of the global AI economy. Munaf Ali, Co-Founder and GCEO, Phoenix Group, says, “What we are announcing today is not an incremental step; it is a genuine inflection point for Phoenix and for what an Emirati company can achieve on the global stage.…

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