The European Commission signed on Thursday a memorandum of understanding with the European Investment Bank on developing artificial intelligence gigafactories. Commission Executive Vice-President for Tech Sovereignty Henna Virkkunen said that a formal call for their construction will be opened in early 2026.
Virkkunen added that the Commission has received an "immense" number of proposals since launching the AI initiative earlier this year. "Collectively, respondents expressed their interest in setting up AI gigafactories for a total indicative amount of more than €230 billion over the next three to five years," she told reporters.
https://breakingthenews.net/Article/EU-to-open-call-for-AI-gigafactories-in-early-2026/65296288
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