EU Pledges €10 Billion in Public Funding for New AI Data Centers - Bloomberg
• The European Union has announced a €10 billion public funding initiative to support the construction of up to seven new artificial intelligence data centers across Europe. • The program invites companies to apply for funding to build the infrastructure, aiming to strengthen the bloc's internal technological capabilities. • This move is a strategic effort to reduce the EU's heavy reliance on overseas technology and foreign cloud providers, particularly those from the U.S. and China.
bloomberg.com



