Brussels announced plans for AI gigafactories, aiming to attract 30 billion euros

Brussels announced plans for AI gigafactories, aiming to attract 30 billion euros

This plan aims to increase data processing capacities in Europe and attract more than 30 billion euros in investments, according to an EC statement.

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The initiative is expected to expand Europe’s AI data processing capacities and provide startups, expanding companies, small and medium-sized enterprises, industry, academia, and public authorities access to infrastructure for training and improving advanced AI models.

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