EU looks to the private sector to help fund ‘AI Gigafactories’, eyeing the frontier AI race

By: Natasha Lomas

11 February 2025 at 01:25

The European Union is courting the private sector as it looks to step up compute capacity for training large AI models. Giving a speech at the AI Action Summit in Paris on Monday, the EU’s president, Ursula von der Leyen, talked up the potential of homegrown AI startups but said the region’s developers must have […]