“AI is the most important technology of our time. Europe wants to become the first AI Continent,” European Commission President Ursula von der Leyen said.

Author:NarativAI

The European Union has launched a call to establish up to seven AI gigafactories across Europe, backed by as much as €10 billion in EU and national funding.

The European Commission expects the public funding to attract at least €20 billion in private investment. The facilities will combine advanced AI processors, cloud technology, high-speed connectivity and data centres, providing the computing power needed to develop and train large, next-generation AI models.

“AI is the most important technology of our time. Europe wants to become the first AI Continent,” European Commission President Ursula von der Leyen said.

The gigafactories are expected to support the development of AI applications in areas such as healthcare, transport, science and industry. They will complement the 19 smaller AI factories already operating or being established across Europe.

The initiative is also part of the EU’s effort to reduce its dependence on foreign technology providers and strengthen its technological sovereignty. Each gigafactory is expected to operate with at least 100,000 advanced AI processors.

Technology providers, cloud companies, public institutions and investors can form consortia and apply by November 12. The Commission expects to announce the selected projects in early 2027, with the facilities becoming operational within 18 months of signing the contracts.

More information is available in the European Commission announcement.

(This text was written and reviewed by the editor with support from artificial intelligence tools for language editing and stylistic refinement. More on how NarativAi uses AI — Link)