EU Pledges €20B for AI Gigafactories: Scaling Compute, Control, and Capital
Gist On 4 December 2025, the European Commission and the European Investment Bank (EIB) Group signed a Memorandum of Understanding committing to back the development of up to five AI “gigafactories” in the EU via the InvestAI programme, mobilising €20 billion for the infrastructure build-out. Each proposed gigafactory will host about 100,000 advanced AI chips—around …
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