The European Commission wants to build up to seven AI gigafactories across Europe, backed by around 30 billion euros in public and private funding. For context, the major U.S. tech companies alone plan to spend more than $600 billion on computing infrastructure this year.

The Union says its ‘AI gigafactory’ project will unlock at least €20 billion in private investment

With concerns about digital dependency growing fast, the European Commission is pursuing "sovereign" AI infrastructure to become operational by mid-2028. #EuropeNews