EU Plans €10 Billion Investment for Seven AI Gigafactories
The European Union has unveiled a €10 billion plan to establish up to seven AI gigafactories, aiming to compete with the US and China in artificial intelligence development.
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EU Sets Fall Timeline to Start Advisory Group on Trade Conflicts
The European Union plans to set up a corporate advisory group after the summer break to share information about supply chain risks in an effort to bolster the bloc’s economic security.
By Jorge Valero
Read full article →EU aims to build AI gigafactories of its own
The EU has unveiled a plan to raise state and private funds to hyperscale AI capabilities and gain independence from non-European governments. The plan calls for the construction of seven new sites across the bloc.
Read full article →EU aims for seven AI gigafactories with €10 billion plan in race with US, China
Read full article →EU aims for seven AI gigafactories with €10 billion plan in race with US, China
EU AI gigafactories will combine processors, cloud tech and data centres, adding to 19 existing AI hubs
By Reuters
Read full article →EU unveils $11.4 billion plan to build seven AI gigafactories
The European Union is offering 10 billion euros ($11.4 billion) in funding for firms to erect seven AI gigafactories as it seeks to close the AI gap with U.S. and China, the 27-nat...
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