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The European Union plans to invest up to €30 billion in AI gigafactories, a move aimed at boosting domestic AI capabilities, but it pales in comparison to U.S. tech giants’ projected $600 billion spending on computing infrastructure this year.
Austria proposes bringing Anthropic to Europe as the EU seeks greater AI independence amid U.S. restrictions on advanced AI models.
The European Union’s €20 billion plan to build five AI gigafactories is facing delays and funding uncertainties, with only two of five planned centres able to receive financial support.
