On February 11, 2025, at the Artificial Intelligence (AI) Action Summit in Paris, European Commission presented InvestAI, an initiative aimed at mobilizing € 200 billion for AI investments across Europe. A significant component of this initiative is the establishment of a € 20 billion European fund dedicated to creating AI gigafactories. These facilities are envisioned to serve as large-scale infrastructures that will facilitate the open and collaborative development of advanced AI models, positioning Europe as a leader in AI innovation.
The InvestAI fund is set to finance the construction of four AI gigafactories throughout the European Union. These facilities will specialize in training complex, large-scale AI models, which will help to achieve breakthroughs in fields such as medicine and science. Each gigafactory will be equipped with approximately 100,000 next-generation AI chips, quadrupling the capacity of current AI factories under development. This public-private partnership aims to create access to large-scale computing power, enabling not only major corporations but also smaller enterprises and researchers to develop newest AI solutions.
Funding for InvestAI will be structured through a layered fund model, offering various risk and return profiles to attract a diverse range of investors. The European Union's budget will serve to mitigate risks for other partners, with initial financing sourced from existing EU programs such as the Digital Europe Programme, Horizon Europe, and InvestEU. Member States are also encouraged to contribute. This collaborative financial framework underscores the EU's commitment to fostering a cooperative and open AI ecosystem.
The European Commission is implementing a broader strategy to support AI innovation across multiple sectors. To strengthen Europe's AI talent pool, the Commission is investing in education, training, and reskilling initiatives. Additionally, the EU is accelerating the development of Common European Data Spaces, ensuring AI researchers and developers have access to critical datasets. The GenAI4EU initiative is another key measure designed to advance AI applications across Europe's industrial ecosystems and the public sector, focusing on areas such as robotics, healthcare, biotechnology, manufacturing, mobility, climate solutions, and virtual environments.
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