EU Invests $11.4 Billion to Build 7 AI Super Factories

The European Union will provide €10 billion ($11.4 billion) in funding to support companies in establishing seven giant artificial intelligence factories, aiming to close the AI gap with the United States. The European Commission hopes that public financing will attract an additional €20 billion ($22.8 billion) in private investment. Companies can now bid for contracts to build the super factories, which are planned to be equipped with at least 100,000 cutting-edge AI chips, with performance approximately four times that of current EU data centers. According to a U.S. assessment for 2025, Europe lags far behind the U.S. in key areas of AI development. A committee report submitted to the European Parliament in June indicated that European companies and public authorities will continue to rely on U.S. AI providers, which is detrimental to European service providers working on the frontier.

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