The two other known candidates are a consortium led by Finland with many countries in Northern and more central Europe, and an Iberian consortium with Spain and Portugal. These two consortia are actively promoting their candidacy: Beauty contest for EuroHPC pre-exascale hosting entities continues .
According to the "Corriere Della Sera", the Italian consortium aims at a 150 Petaflop/s supercomputer that would bring Italy back in the top 10 of the world's most powerful supercomputers. A little bit less ambitious than the top 5 that EuroHPC aims for. Cineca's Sanzio Bassini told the newspaper that the total investment will be 240 million euro, split between EuroHPC and Italy, for a 5 year operational period.