Europe’s AI Gamble: Gigafactories or Bust?

If Europe’s new AI plan doesn’t work, it won’t just lose to the U.S. and China, it risks becoming the museum continent of the digital age.

The EU is launching massive AI “gigafactories” equipped with 100,000 advanced chips, racing to close the gap with the U.S. and China. Following the ChatGPT-triggered boom, Europe risks falling behind without bold moves.

The bloc aims to triple its data-center capacity and inject €200 billion into AI projects through public-private partnerships, emphasizing easier regulatory compliance:

• €20 billion earmarked for gigafactories
• Cloud and AI Development Act introduced
• AI Act Service Desk for compliance support

This strategic pivot could reshape Europe’s tech future, if executed right. Can Europe leapfrog its AI rivals, or is this too little, too late?

Read the full article on Wall Street Journal.

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