Archive · 30 Jul 2026
EU to Fund 7 AI Gigafactories with €10 B
The European Union is giving €10 billion to build seven big factories that make and use artificial‑intelligence computers.
These factories will have powerful chips, software, and fast internet.
The EU wants private companies to invest another €20 billion.
The plan grew from five to seven factories because many countries were interested.
The EU will pick the winners by November 12, and the factories should start working about a year and a half after the contracts are signed.
EU will fund seven AI gigafactories with €10 billion.
The project aims to attract €20 billion in private investment.
Number of gigafactories increased from five to seven after strong interest.
Facilities will combine AI processors, software, cloud, connectivity, and data centres.
Tender closes November 12; winners announced early 2027; operational 18 months after contract signing.
- Who
- European Commission and EU tech chief Henna Virkkunen
- What
- Funding and tendering for seven AI gigafactories across the EU
- When
- Announced Thursday; tender closes November 12; winners announced early 2027; facilities operational 18 months after contract signing
- Where
- Across the European Union
- Why
- To close the technology gap with the US and China and secure strategic AI computing power
- Funding amount
- €10 billion
- Target private investment
- €20 billion
- Number of gigafactories
- 7
- Tender deadline
- November 12
- Expected operational date
- 18 months after contract signing
- Key partners
- AMD, Nvidia, Qualcomm