{"id":1025232,"date":"2026-07-31T09:09:10","date_gmt":"2026-07-31T03:39:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1025232"},"modified":"2026-07-31T09:48:46","modified_gmt":"2026-07-31T04:18:46","slug":"eu-targets-10-billion-euro-project-to-fund-seven-ai-gigafactories-amid-race-with-us-china","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/31\/eu-targets-10-billion-euro-project-to-fund-seven-ai-gigafactories-amid-race-with-us-china\/","title":{"rendered":"EU targets 10 billion euro project to fund seven AI gigafactories amid race with US, China"},"content":{"rendered":"<p>The European Union will fund seven artificial intelligence gigafactories across the bloc with \u20ac10 billion ($11.5 billion), the European Commission said on Thursday, as the EU steps up efforts to close the technology gap with the US and China. <\/p>\n<p>The Commission said it aims to attract at least \u20ac20 billion in private investments for the projects. The total was increased from five planned gigafactories to seven following strong interest from EU countries. <\/p>\n<p>The facilities will combine advanced AI processors, software, cloud technology, high-speed connectivity and data centres. They will come on top of the existing 19 AI factories in various EU countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Union will fund seven artificial intelligence gigafactories across the bloc with \u20ac10 billion ($11.5 billion), the European Commission said on Thursday, as the EU steps up efforts to close the technology gap with the US and China. The Commission said it aims to attract at least \u20ac20 billion in private investments for the projects. The total was increased from five planned gigafactories to seven following strong interest from EU countries. The facilities will combine advanced AI processors, software, cloud technology, high-speed connectivity and data centres. They will come on top of the existing 19 AI factories in various [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83,4,22],"tags":[],"class_list":["post-1025232","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1025232"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025232\/revisions"}],"predecessor-version":[{"id":1025248,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025232\/revisions\/1025248"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1025232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1025232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1025232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}