Home » Proposal from EU: AI Continent Initiative to invest €200 billion, establishing 5 large-scale AI data centers.

Proposal from EU: AI Continent Initiative to invest €200 billion, establishing 5 large-scale AI data centers.

The European Commission proposes the “AI Continent Action Plan” with a whopping investment of 200 billion euros to establish a minimum of 18 AI data centers. This plan aims to challenge the leadership in AI technology from the United States and China.

The proposal includes investing 200 billion euros to create an “AI factory” building at least 13 new AI data centers, establishing “AI gigafactories” large-scale AI data centers in at least 5 locations (this part alone costs 20 billion euros). Additionally, it aims to increase the number of private AI data centers in Europe by threefold over the next 5-7 years.

Other aspects of the plan suggest strategies for data development, creating high-quality data sets for training AI models for the European market, and encouraging European companies to increase their AI usage, which currently stands at a mere 13.5%. It also focuses on enhancing AI skills among personnel and adjusting immigration laws for non-EU individuals with AI skills to facilitate easier work entry.

Source: European Commission
List of current AI data centers in Europe – TBA

TLDR: The European Commission’s ambitious “AI Continent Action Plan” proposes a significant 200 billion euro investment to establish multiple AI data centers and boost AI technology leadership in Europe.

More Reading

Post navigation

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Google Strikes Deal for 500 MW of Nuclear Power to Power AI Data Centers

Anticipated 40% Limitation on Energy for Gartner Sensors, Impacting Cost by 10 to 100 Times in 2027.

Global Data Centers in 2030 Could Utilize 7% of World’s Electricity, Equivalent to India’s Annual Consumption