Europe, with its fragmented markets, is often said to be operating in the shadow of the U.S. and China when it comes to scaling AI.

But the very factors that challenge its growth as a major player may yet give it an edge when it comes to future-proofing the critical warehouses that power the AI boom.

The world is racing to double, if not triple, the entire data center capacity that has been built over the last forty years, Pankaj Sachdeva told CNBC, McKinsey senior partner in technology, with McKinsey estimating that build-out will cost up to $7 trillion by 2030 .

He expects the U.S. to account for the lion's share of activity, but Europe will "continue to build at a pretty meaningful rate" to nearly double its existing capacity.

"Europe is actually participating in this infrastruct

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