Europe’s AI power play


AS the artificial intelligence (AI)frenzy drives global equities to record highs, in Europe the momentum is flowing into industries critical to powering the technology.

A basket tracking shares of 10 European firms such as data centre (DC) operators and infrastructure providers has rallied 23% this year, beating a 12% advance in the Stoxx Europe 600 Index and even outperforming the Nasdaq 100, home to the US tech heavyweights. 

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