• Chinmay
• February 12, 2025
• Artificial Intelligence
• AI funding, AI gigafactories, AI infrastructure, AI innovation, AI Investment, AI Research, AI startups, Artificial Intelligence, EU technology, European AI, European Commission, InvestAI, supercomputers
• 0 Comments

At the Artificial Intelligence (AI) Action Summit in Paris, European Commission President Ursula von der Leyen introduced InvestAI, a groundbreaking initiative aimed at mobilizing €200 billion for AI advancements. This initiative includes a €20 billion fund dedicated to developing AI gigafactories, large-scale AI infrastructure designed to foster open and collaborative AI model development, solidifying Europe’s position as a leader in …