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European Commission Launches €10B Plan to Build Seven AI Gigafactories as Europe Seeks Tech

The European Commission is launching a €10B public investment programme to build up to seven AI gigafactories and expects to trigger €20B in private funding through matched bids and contracts.Each gigafactory will host at least 100,000 advanced AI chips and will expand capacity beyond the EU's 19 existing AI data centers with integrated AI processors, cloud systems, high-speed networks and energy-efficient infrastructure.Germany now has multiple companies competing after plans for a unified Deutschland AG failed, and the Commission says projects must comply with EU rules on data protection, safety, security and ethics while reducing reliance on Amazon AWS, Google and Microsoft.
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