European Union launches InvestAI
European Union launches InvestAI
12 February 2025
During the Artificial Intelligence (AI) Action Summit in Paris, Commission President Ursula von der Leyen launched InvestAI, an initiative to mobilise €200 billion for investment in AI, including a new European fund of €20 billion for AI gigafactories.
This large AI infrastructure is needed to allow open, collaborative development of the most complex AI models and to make Europe an AI continent.
The EU's InvestAI fund will finance four future AI gigafactories across the EU. The new AI gigafactories will be specialised in training the most complex, very large, AI models.
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