The European Commission is aiming to build four AI gigafactories, each with a $20 billion budget, to strengthen Europe’s artificial intelligence capabilities. The project, announced by Ursula von der Leyen, will face significant hurdles including the shortage of chips, finding suitable locations, and addressing electricity needs. BulletsIn European Commission aims to raise $20 billion for
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The European Commission is aiming to build four AI gigafactories, each with a $20 billion budget, to strengthen Europe’s artificial intelligence capabilities. The project, announced by Ursula von der Leyen, will face significant hurdles including the shortage of chips, finding suitable locations, and addressing electricity needs. BulletsIn European Commission aims to raise $20 billion for
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