🚀 Major AI Infrastructure Expansion in the EU!
The European Union is on the brink of a transformative initiative to bolster its AI capabilities. Led by the European Investment Bank (EIB) and the European Commission, the plan aims to establish up to five AI gigafactories across Europe. This expansion focuses on increasing computational power for advanced AI models while reducing reliance on foreign technology.
Key Highlights:
- Investment: €20 billion from the InvestAI program, with potential additional loans from the EIB.
- Infrastructure: Each factory is set to incorporate about 100,000 high-performance AI chips, significantly enhancing existing capacities.
- Applications: These gigafactories will be pivotal for breakthroughs in sectors such as medicine, cleantech, and space.
- Overall Goal: Mobilization of €250 billion in investments through the EIB’s TechEU program by 2027.
Join the conversation and share your thoughts on this groundbreaking development! Let’s discuss how it could reshape the AI landscape. 💬✨
