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The European Union is actively engaging the private sector to enhance its computing capacity for training large AI models. During the AI Action Summit in Paris, EU President Ursula von der Leyen emphasized the need for robust infrastructure to support homegrown AI startups and proposed the establishment of AI Gigafactories. These facilities are essential for training very large models and will require significant private sector investment to realize their potential.
Von der Leyen highlighted that the current supercomputing infrastructure is insufficient and that a collaborative approach is necessary to attract capital for these initiatives. The EU aims to mobilize a total of 200 billion euros for AI investment, with a focus on industrial applications. This ambitious plan includes the establishment of four AI Gigafactories across Europe, which will significantly enhance the region's AI capabilities.
• EU plans to establish AI Gigafactories to enhance computing capacity.
• A total of 200 billion euros is targeted for AI investment in Europe.
AI Gigafactories are large-scale facilities designed to provide the computational power needed for training extensive AI models.
Computational capacity refers to the ability of a system to process data and perform calculations, crucial for AI model training.
A public-private partnership involves collaboration between government entities and private companies to fund and develop AI infrastructure.
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