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deep tech TNW July 20, 2026

Prysmian signs €5.5bn fibre deal with Molex to wire AI data centres

Prysmian signs €5.5bn fibre deal with Molex to wire AI data centres
AI Summary

Prysmian has signed a €5.5bn, 10-year agreement with Molex, the Koch Industries-owned connector and cable maker, to supply optical cable for use inside AI data centres. Unusually for a supply deal of this size, Molex is putting €550m on the table upfront, a rare piece of cash certainty in a market where most commitments arrive […] This story continues at The Next Web

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