EU Bets on Gigafactories to Catch Up With U.S., China in AI Race

The European Union is mobilizing €200 billion in AI investments, including a €20 billion fund for AI gigafactories, to build advanced infrastructure and help Europe compete with the US and China in artificial intelligence. The initiative aims to triple the region’s data center capacity and foster public-private partnerships to accelerate AI innovation and scale.

This article highlights unprecedented public and private capital flowing into European AI, validating the opportunity for VCs to back startups that will benefit from this infrastructure surge—especially in undercapitalized regions like Central Europe.

To read more, see Wall Street Journal's article.