Tech

EU reveals sites for major AI factories across Europe

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  • Spain, Italy, Finland, Luxembourg, Sweden, Germany and Greece get the green light
  • European Union will fund half of the projects together with nation-state funding
  • More applications are being welcomed until February 2025

The European Union has announced €750 million in investment to establish AI supercomputers across seven sites on the continent.

The initiative forms part of a broader €1.5 billion joint project, with the other half of the funding set to come from EU member states, as part of an effort to take on US tech giants and become what EVP for Tech Sovereignty, Security and Democracy, Henna Virkkunen, envisions as an ‘AI continent.’

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