US EditionEurope sets its sights on multi-billion-euro gigawatt factories as it plays catch-up on AI
- The European Commission's Henna Virkkunen announced plans for gigawatt factories that are four times more powerful than current AI facilities.
- The European Union has committed 20 billion euros for gigawatt factories, marking the largest public investment in AI, with interest from 76 expressions across 16 member states.
- Telecommunications firm Telenor is exploring use cases for AI factories, with the first AI factory expected to be operational soon in Munich.
- Experts like Bertin Martens are questioning the need for government subsidies for these projects and emphasize the uncertainty surrounding private investment contributions and the capacity of Europe's electricity grid.
12 Articles
12 Articles
Europe’s $30B AI push targets U.S. and China’s lead
The European Union has unveiled a $30 billion initiative aimed at constructing high-capacity AI data centers. This project seeks to bolster the EU’s standing in the global AI market, which currently lags behind the United States and China. The initiative’s goal is to establish a network of data centers capable of supporting millions of AI GPUs. To date, the EU has committed €10 billion, approximately $11.8 billion, for the establishment of 13 AI…
Although AI models have greatly improved in the few years we have been with them, industry and people are asking for more. There will always be an evolution and improvement and this will be more noticeable in these early years when everything is first discovered and experienced for better results. With AI we do not know what the limit will be or how much we will be able to improve it in the coming years, but what we do know is that billions are …
Europe is turning its attention to gigawatt factories in an attempt to strengthen its lagging artificial intelligence industry and meet the challenges of a rapidly changing sector, Henna Virkkunen, the European Commission’s executive vice-president for technological sovereignty, told CNBC. The bloc has lagged far behind […] The article EU’s AI Giga-Factories Struggle with Limited Computing Capacity. Hopes and Problems in Competing with the US an…
EU plans $30 billion investment in gigawatt AI data centers
The European Union is the world’s second-largest economy in terms of GDP, but when it comes to its place on the AI market, its position is by far not as strong. To catch up with the U.S. and China, the bloc is launching a $30 billion initiative to build a network of high-capacity data centers […] The post EU plans $30 billion investment in gigawatt AI data centers appeared first on OODAloop.
EU plans $30 billion investment in gigawatt AI data centers — multiple sites to host 100,000 AI GPUs each as bloc plays catch-up to US and China
The European Union is launching a $30 billion initiative to build a network of gigawatt-class AI data centers across 16 member states in a bid to catch up with the U.S. and China, though concerns remain over power supply, unclear specifications, and long-term business viability.
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