Image: Open Access GovernmentIntroducing the EU’s AI gigafactories initiative
• The European Union has announced plans to establish up to seven AI Gigafactories across Europe to provide the essential computing power for advanced AI development and deployment. • The initiative is backed by up to €10 billion in combined EU and national funding, which is expected to attract at least €20 billion in private investment. • This creates a total program value of over €30 billion, aiming to strengthen Europe's technological infrastructure and AI capabilities.
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