EU to build AI gigafactories in €20bn push to catch up with US and China
As we move from chatbots to copilots to autonomous AI agents or “agentic systems,” AI represents a solution to grow and scale at rapid pace.
The EU has revealed details of a €20bn plan to create new sites equipped with vast supercomputers in Europe to develop the next generation of artificial intelligence models, while opening the door to amending its landmark law that regulates the technology.
Publishing a strategy to turn Europe into an “AI continent”, the European Commission vice-president Henna Virkkunen said the technology was at the heart of making Europe more competitive, secure and technologically sovereign, adding: “The global race for AI is far from over.”
