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EU AI Offensive: Experts Warn Against "Gigantomania"

Summary by Capital.de
Billions for AI, but no one books the capacities: Europe's cloud providers sound the alarm – and call into question the EU's Gigafactory strategyIn artificial intelligence (AI), the European Union wants to knock down instead of cracking: in order to catch up on the development gap with the US and China and to make itself more technologically independent, it wants to mobilise EUR 200 billion.The money is to flow among other things into five so-ca…
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Billions for AI, but no one books the capacities: Europe's cloud providers sound the alarm – and call into question the EU's Gigafactory strategyIn artificial intelligence (AI), the European Union wants to knock down instead of cracking: in order to catch up on the development gap with the US and China and to make itself more technologically independent, it wants to mobilise EUR 200 billion.The money is to flow among other things into five so-ca…

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Capital.de broke the news on Saturday, May 9, 2026.
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