news 
Europe’s AI Continent Action Plan: Gigafactories, Data Labs, and Green AI
The European Union has launched its most aggressive initiative yet to establish itself as a contender in the global AI race. The EU’s AI Continent Action Plan aims to narrow the widening technological gap with the United States and China in this critical domain.
At the center of the strategy lies the development of a network of AI gigafactories, computing facilities equipped with approximately 100,000 advanced AI chips each, four times more than current AI factories. The EU has committed to mobilizing €200 billion ($219 billion) in AI funding, including a €20 billion fund dedicated to establishing up to five gigafactories.
However, these figures appear limited compared to initiatives from global competitors. A consortium including Microsoft, OpenAI, and Nvidia recently announced Stargate, a $100 billion AI data center project with potential investment growth to $500 billion. Meanwhile, Chinese companies like DeepSeek have demonstrated the ability to develop advanced AI models despite restricted access to cutting-edge chips.
To accelerate development, the EU is pursuing public-private partnerships while introducing a Cloud and AI Development Act aimed at tripling Europe’s data center capacity within five to seven years.
Source: https://www.forbes.com/sites/federicoguerrini/2025/04/09/europes-ai-continent-action-plan-gigafactories-data-labs-and-green-ai/
