The European Commission has unveiled the AI Continent Action Plan to guide Europe's AI development, aiming for global leadership through significant investments. A €10 billion initiative will bolster AI Factories by acquiring nine AI-optimized supercomputers, with 13 selected sites becoming operational by the end of 2025. Additionally, €20 billion is earmarked for establishing AI Gigafactories to train complex models. A forthcoming Cloud and AI Development Act will facilitate cloud capacity investment, aiming to triple data centers in 5-7 years, promoting innovation while upholding democratic values.
The EU aims to become a global leader in AI by investing €10 billion in AI Factories and €20 billion for AI Gigafactories by 2027.
The forthcoming Cloud and AI Development Act will spur major investments in cloud capacity, targeting a tripling of the EU's data centers in the next seven years.
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