The EU is pouring in ten billion euros to build seven new AI gigafactories, aiming to rival the US and China—pulling in another twenty billion from private investors. These cutting-edge hubs will house top-tier AI chips, cloud infrastructure, and ultra-fast data centers, adding to the 19 already online. With applications open until November 12th and winners announced by early 2027, the EU is rallying tech giants, governments, and investors to secure Europe’s future in the AI race—ready to launch within 18 months.
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