EU launches AI Gigafactories call to boost Europe's computing capacity and unlock more than €30 billion in investment

The EU has launched a call for tenders to establish up to seven AI Gigafactories across Europe, as part of its latest major push to accelerate Europe's technological sovereignty and ambition of becoming the AI Continent. Led by industry and supported by up to€10 billionin EU and national funding, the initiative is expected to unlock at least €20 billion in private investment across the Union. It will expand Europe's AI computing capacity and give start-ups, scale-ups, small and medium-sized enterprises, industry, academia and public authorities access to infrastructure for training, inference and fine-tuning advanced frontier AI models.