Image: TNW | AppsFrench companies bid $10bn for one of the EUâs five planned AI gigafactory sites
⢠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 âŹ20 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.
thenextweb.com

