EU opens bidding for €10 billion AI gigafactory initiative
The European Commission has launched a bidding process for up to seven AI gigafactories backed by nearly €10 billion to boost Europe's technological competitiveness.
The European Commission has officially launched the bidding process for the construction of up to seven artificial intelligence gigafactories across the bloc. Backed by nearly €10 billion in available funding, the initiative aims to strengthen Europe's technological infrastructure and bolster its position in the global AI race.
Several prominent European companies, including Telekom and Schwarz Digits, are competing to secure contracts for the high-capacity computing facilities. The EU intends for these specialized hubs to provide the massive computational power required to train next-generation AI models and rival international competitors.
Sources: TVP info