{"slug": "eu-to-spend-eur10bn-on-seven-ai-gigafactories", "title": "EU to spend €10bn on seven AI \"gigafactories\"", "summary": "The European Commission announced plans to spend €10 billion ($11.5 billion) on seven AI \"gigafactories\" across Europe, inviting private companies to bid to build them, with an expected additional €20 billion in private investment across two lots.", "body_md": "[supercomputer](/tag/supercomputer/)\n\nThe EU has put €10 billion ($11.5 billion) behind a project to create seven AI “gigafactories” in Europe, and it’s inviting private companies to bid for a chance to build them.\n\nThe [European Commission said](https://ec.europa.eu/commission/presscorner/detail/en/ip_26_1708?ref=thestack.technology) it expects another €20 billion in private investment across two lots, with the first covering AI hubs with at least as many advanced AI processors as the EU’s current most powerful site.\n\n## Get the full story: Subscribe for free\n\nJoin peers managing over $100 billion in annual IT spend and subscribe to unlock full access to The Stack’s analysis and events.\n\n[Subscribe now](https://www.thestack.technology/membership/)\n\nAlready a member? [Sign in](https://www.thestack.technology/signin/)", "url": "https://wpnews.pro/news/eu-to-spend-eur10bn-on-seven-ai-gigafactories", "canonical_source": "https://www.thestack.technology/eu-to-spend-eur10bn-on-seven-ai-gigafactories/", "published_at": "2026-07-31 13:29:26+00:00", "updated_at": "2026-07-31 13:53:38.461236+00:00", "lang": "en", "topics": ["ai-infrastructure", "ai-policy"], "entities": ["European Commission"], "alternates": {"html": "https://wpnews.pro/news/eu-to-spend-eur10bn-on-seven-ai-gigafactories", "markdown": "https://wpnews.pro/news/eu-to-spend-eur10bn-on-seven-ai-gigafactories.md", "text": "https://wpnews.pro/news/eu-to-spend-eur10bn-on-seven-ai-gigafactories.txt", "jsonld": "https://wpnews.pro/news/eu-to-spend-eur10bn-on-seven-ai-gigafactories.jsonld"}}