Tag #Gigafactories

What is the EU's plan to compete with the US's massive investment in AI, and what are the immediate implications for European businesses?

The European Union will invest €200 billion in artificial intelligence, with €20 billion allocated to gigafactories to foster collaborative development of complex AI models. This follows France's announcement of a €109 billion AI investment plan. The EU aims to create a large public-private partnership for trustworthy AI development.