Industry
EU Opens Bidding for Up to Seven AI Gigafactories, But Funding Gap Looms Large
The European Commission has opened bidding for up to seven AI gigafactories, backed by a combined €30 billion in public and private funding. The initiative aims to boost Europe's AI computing capacity, but faces a stark contrast with over $600 billion in US data center spending this year. Applications are due November 12, 2026.
Jul 313 minNeura News