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EU Unveils €20 bn AI Gigafactory Plan, Faces Criticism

5/5/2026

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Summary

Story summary

EU announced a €20 billion plan for four to five AI gigafactories with at least 100,000 GPUs across 16 states.
A formal call for proposals, expected this spring, reflects a financing model that demands 65 percent private investment and has already caused delays.
Critics including German Greens MEP Sergey Lagodinsky, 18 EP lawmakers and Siemens warned the plan may lack a business case and increase reliance on a single chip supplier.

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Story summary

EU announced a €20 billion plan for four to five AI gigafactories with at least 100,000 GPUs across 16 states.
A formal call for proposals, expected this spring, reflects a financing model that demands 65 percent private investment and has already caused delays.
Critics including German Greens MEP Sergey Lagodinsky, 18 EP lawmakers and Siemens warned the plan may lack a business case and increase reliance on a single chip supplier.