The European Union is committing 10 billion euros, about 11.4 billion dollars, to support the construction of seven artificial intelligence gigafactories as it seeks to narrow its technology gap with the United States and China.
The European Commission says it hopes the public funding will attract a further 20 billion euros in private investment. The planned facilities are expected to house at least 100,000 advanced AI chips each, significantly increasing Europe’s computing capacity.
The move is part of the EU’s push for greater technological sovereignty and reduced dependence on foreign technology providers, which they say could be “weaponised” against Europeans.
The Commission says Europe currently relies heavily on U.S. cloud and AI companies and faces higher energy and infrastructure costs. The seven gigafactories are expected to more than double the bloc’s existing AI-computing capacity when operational.
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