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EU Investment Bank, Commission agree to speed up investment in AI gigafactories

( December 4, 2025, 12:53 GMT | Official Statement) -- MLex Summary: The European Investment Bank and the European Commission have signed an agreement to help speed up investment and development of European AI gigafactories, large-scale computing hubs for training advanced AI systems. In a statement, the commission said the EIB would help shape early ideas into projects to be submitted in the EU's AI Gigafactories call, expected in early 2026. Statement follows, Memorandum of Understanding and its Annex attached. ...

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