Europe's AI #gigafactory push attracts 76 bids, EU tech chief says
"Seventy-six companies have bid to develop Europe's artificial intelligence gigafactories, the EU's tech chief said on Monday, hailing a bigger than expected response to the bloc's push to catch up with the U.S. and China in this key #technology.
The #European Commission made the announcement four months after it allocated 20 billion euros ($23 billion) in EU funding for the construction of four AI gigafactories across the bloc.
Such facilities, in essence large-scale AI computing and data storage hubs, will be equipped with about 100,000 state-of-the-art AI chips.
"We got 76 submissions proposing to set up #AI gigafactories in 16 member states and across 60 different sites," EU tech chief Henna Virkkunen told a press conference.
"And this exceeds far beyond our expectations and this showcases Europe's growing momentum and enthusiasm for innovating in AI in Europe," she said, declining to name the companies because of business confidentiality information."
Read more: https://www.reuters.com/sustainability/boards-policy-regulation/europes-ai-gigafactory-push-attracts-76-bids-eu-tech-chief-says-2025-06-30/
