# EU launches AI Gigafactories call to boost Europe's computing capacity and unlock more than €30 billion in investment > Source: > Published: 2026-07-30 09:50:00+00:00 Led by industry and supported by up to **€10 billion** in EU and national funding, the initiative is expected to unlock at least €20 billion in private investment across the Union. It will expand Europe's AI computing capacity and give start-ups, scale-ups, small and medium-sized enterprises, industry, academia and public authorities access to infrastructure for training, inference and fine-tuning advanced frontier AI models. The AI Gigafactories will combine advanced AI processors, software and cloud technology stacks, high-speed connectivity and energy-efficient data centres. Together with Europe's network of 19 AI Factories, they will strengthen Europe's technological leadership, resilience and strategic autonomy. The initiative will ensure that Europe can develop advanced AI on its own infrastructure, in line with EU rules and values. AI technologies developed in the AI Gigafactories will follow EU standards on data protection, safety, security and ethics. Read the [full press release](https://ec.europa.eu/commission/presscorner/detail/en/ip_26_1708).