The Hindu·3 min read·medium
EU aims for seven AI gigafactories with €10 billion plan in race with U.S., China
R
Reuters
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The European Union is investing €10 billion to establish seven new AI gigafactories to boost its computing infrastructure. The project aims to attract additional private investment and close the technological gap with the U.S. and China.
The European Union will fund seven artificial intelligence gigafactories across the bloc with €10 billion ($11.5 billion), the European Commission said on Thursday (July 30, 2026), as the EU steps up efforts to close the technology gap with the U.S. and China.
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