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EU bets €10B on AI gigafactories to close tech gap with US and China

1 min read
Source: AP News
EU bets €10B on AI gigafactories to close tech gap with US and China
Photo: AP News
TL;DR

The European Union is outlining a roughly €10–11 billion plan to fund seven AI gigafactories, part of a strategic push to strengthen Europe’s AI capabilities and narrow the technology gap with the United States and China.

Topics:businessworld-news#ai-gigafactories#artificial-intelligence#eu#tech-policy#us-china-rivalry#world-news
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  1. EU lays out $11.4 billion for 7 AI gigafactories as it aims to catch up with US and China  AP News
  2. EU Opens Call for Creation of Local AI Gigafactories  WSJ
  3. AI: Europe commits €5 billion to fund seven megafactories and catch up with the US and China  Le Monde.fr
  4. EU Pledges €10 Billion in Public Funding for New AI Data Centers  Bloomberg.com
  5. EU opens call for seven 'gigafactories' to train AI technologies  Euronews.com

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