EU launches seven AI Gigafactories call to boost Europe's computing capacity and unlock over €30 billion in investment

EU has launched a call for tenders to establish up to seven AI Gigafactories across Europe, as part of its latest major push to accelerate Europe's technological sovereignty and ambition of becoming the AI Continent. Led by industry and supported by up to €10 billion in EU and national funding, the initiative is expected to unlock at least €20 billion in private investment across the Union. It will expand Europe's AI computing capacity and give start-ups, scale-ups, small and medium-sized enterp