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EU to spend €10bn on seven AI "gigafactories"

· Thestack · July 31, 2026, 1:51 p.m.

supercomputer eu AI Development Supercomputers European Union technology investment

Summary

The EU plans to allocate €10 billion to develop seven AI "gigafactories" that will match the scale of Europe’s largest supercomputer, aiming to bolster the region's capabilities in artificial intelligence.

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