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#AIGigafactories

The European Union has launched a bidding process for up to seven AI gigafactories to expand AI infrastructure and mobilize private investments of at least 20 billion euros with up to 10 billion euros in public funding, while German companies such as Deutsche Telekom and Schwarz Digits compete against each other. (translated)

KI-Gigafactory: EU startet Milliardenprojekt für sieben KI-Gigafactories

The AI Gigafactories call is now open. Today, we launched a call for tenders to establish up to 7 AI Gigafactories across Europe, boosting Europe’s computing capacity and unlocking +€30B in investment. 🔗https://t.co/cZTdN7GthN https://t.co/r0NWSU6QzX #AIGigafactories #EuropeTech #InvestmentOpportunity #EU