Veolia targets AI-driven revenue growth and cost savings

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Veolia plans to generate more than €1bn in annual revenue from data centres and the microelectronics sector by 2030. The company linked its strategy to the rapid expansion of data centre capacity and semiconductor production, which is expected to drive significant increases in resource use.

The French environmental services giant said the revenue growth would be underpinned by increasing demand for integrated solutions in water management, local energy generation, and hazardous waste treatment. Momentum was being built through new contracts with major technology and semiconductor producers across Europe, Asia and the United States....

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