# EU to spend €10bn on seven AI "gigafactories"

> Source: <https://www.thestack.technology/eu-to-spend-eur10bn-on-seven-ai-gigafactories/>
> Published: 2026-07-31 13:29:26+00:00

[supercomputer](/tag/supercomputer/)

The 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.

The [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.

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