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

All seven will be at least as big as Europe's current biggest supercomputer.

Updated Jul 31, 2026 4:46 PM / Published Jul 31, 2026 2:29 PM 2 min read

EU to spend €10bn on seven AI "gigafactories" — Germany's JUPITER supercomputer is currently Europe's largest. Image credit: Forschungszentrum Jülich / Sascha Kreklau

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 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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Noah Bovenizer

Noah Bovenizer is a senior reporter with The Stack. He previously covered the transportation sector for Global Data. He has a first class degree in journalism and has also worked as a newsreader for Gaydio.