Gigafactory

• French industrial and technology groups have submitted bids to host a planned €10 billion EU-backed AI gigafactory. • The French proposals involve strategic partnerships between data-center operators, cloud providers, equipment suppliers, and industrial companies. • This initiative is part of a broader European effort to secure technological sovereignty, though France faces stiff competition from Germany, Italy, Spain, and the Nordic countries.

• A French consortium led by Scaleway has submitted a bid of approximately $10 billion to construct one of the European Union's planned AI gigafactories. • The project is part of the InvestAI Facility, a €20 billion initiative designed to underwrite up to five large-scale AI infrastructure sites across the bloc. • The program has seen significant interest, with 76 expressions of interest received from member states including Germany, Spain, Italy, Finland, Portugal, and the Netherlands.