EU lays out $11.4 billion for 7 AI gigafactories as it aims to catch up with US and China
- Posted on July 30, 2026
- By The Toronto Star
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- 1 min read
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EU lays out $11.4 billion for 7 AI gigafactories as it aims to catch up with US and China
BRUSSELS (AP) — The European Union is offering 10 billion euros ($11.4 billion) in funding for firms to erect seven AI gigafactories as it seeks to close the AI gap
