NVDA 200.75 ▲2.93%GOOGL 356.13 ▲6.73%MSFT 464.72 ▲3.02%AMD 476.15 ▼1.90%INTC 90.20 ▼1.02%TSMC 404.25 ▲0.23%AMZN 271.58 ▲15.32%META 556.71 ▲3.28%AAPL 308.91 ▼7.35%PLTR 123.06 ▲0.65%
Markets at last close

Infrastructure

EU opens tender for up to seven AI Gigafactories

·1 min read

The EU has launched a call for tenders to establish up to seven AI Gigafactories across Europe, a move intended to strengthen technological sovereignty and support its ambition to become the AI Continent. The initiative is designed to expand European computing capacity for advanced AI development and deployment.

Led by industry and supported by up to €10 billion in EU and national funding, the plan is expected to unlock at least €20 billion in private investment across the Union. The facilities will provide start-ups, scale-ups, small and medium-sized enterprises, industry, academia and public authorities with infrastructure for training, inference and fine-tuning frontier AI models.

The AI Gigafactories will combine advanced AI processors, software and cloud technology stacks, high-speed connectivity and energy-efficient data centres. Alongside Europe’s network of 19 AI Factories, they are intended to reinforce technological leadership, resilience and strategic autonomy while ensuring AI development follows EU standards on data protection, safety, security and ethics.

Originally reported by digital-strategy.ec.europa.euRead the source →
Related coverage