AI Matters
Why it matters
EU commits up to 30 billion euros to build AI 'gigafactories'
The Decoder EU pools up to €30 billion for AI gigafactories while US tech giants casually spend 20 times more
The European Commission proposed building up to seven AI gigafactories across Europe, backed by around 30 billion euros in public and private funding.
Why it matters
Public funding for AI infrastructure could help Europe compete with much larger US and Chinese investments.
Latest brief · Jul 31, 2026