The funds will be used for the development of four 'gigafactories' with 100,000 state-of-the-art chips, among other projects.

As China’s DeepSeek threatens to dismantle Silicon Valley’s AI monopoly, the OpenEuroLLM has launched an alternative to ...

European governments and private companies have committed around €200bn to artificial intelligence (AI)-related investments, including datacentres and gigafactories, over the course of the AI ...

The first compliance deadline kicked in a couple of days ago for the European Union's AI Act, a risk-based framework for ...

European Commission President Ursula von der Leyen said on Tuesday, as countries race to lead in the technology. "Thereby we aim to mobilise a total of 200 billion euros for AI investments in ...