EU Commission and EIB ink deal on AI gigafactory development
Tehnologie
The European Commission and the European Investment Bank are joining forces to accelerate the development and financing of AI gigafactories. Commission Vice-President Henna Virkkunen and EIB Director Nadia Calviño have signed a Memorandum of Understanding in which the EU executive branch and the EIB Group commit to pooling resources to accelerate Europe's advanced data and AI processing capacity. The goal is to create up to five large-scale AI gigafactories: data and computing hubs
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