Europe is pouring ten billion euros into seven new AI gigafactories to catch up with the U.S. and China, aiming to quadruple its AI computing power and build a self-reliant tech future. Each facility will house 100,000 cutting-edge chips, sparking a potential 20 billion euro private investment wave. The move is designed to empower European firms under strict EU ethics and data rules, ensuring autonomy in the global AI race.
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