EU to build AI gigafactories in €20bn push to catch up with US and China
GuardianAPR 10
The AI Continent Action Plan represents a bold and necessary step to ensure Europe's technological sovereignty and competitiveness in the global AI race, with concrete measures to boost infrastructure, skills, and innovation while maintaining European values and democratic principles.
Despite good intentions, the EU's AI plan's broad scope lacks adequate resources, with only 10% of an announced €200 billion being new funding. Meanwhile, a newfound push for regulatory simplification could potentially undermine consumer protections and create uncertainty around the AI Act's enforcement.