Europe Bets Big on AI with Groundbreaking €200B Initiative
The European Union just dropped a tech bombshell! EU Commission President Ursula von der Leyen announced a €200 billion ($206.5B) AI investment plan called #InvestAI at the AI Action Summit. 'We want AI to be a force for good and for growth,' she declared, adding that Europe needs to 'supercharge' its digital ambitions.
Gigafactories & Next-Gen Chips
The plan includes €20B for AI 'gigafactories' equipped with 100,000 next-gen AI chips – quadrupling current capacity! These hubs will train complex AI models, with 12 total facilities planned across Europe by 2025.
Accelerating Innovation
New moves launching soon:
European AI Research Council to centralize resources
Apply AI initiative to fast-track tech adoption in key industries
Von der Leyen emphasized Europe's 'open, cooperative' approach – a clear nod to global AI competition. Will this investment help Europe close the tech gap? Let the silicon race begin!
EU Commission President Ursula von der Leyen announced a €200 billion ($206.5B) AI investment plan called #InvestAI at the AI Action Summit. 'We want AI to be a force for good and for growth,' she declared, adding that Europe needs to 'supercharge' its digital ambitions. 
Gigafactories & Next-Gen Chips
Will this investment help Europe close the tech gap? Let the silicon race begin! 
