Govt Regulations
Europe puts €10B on the table for AI Gigafactories and means sovereignty
By Arjun
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3 Aug 5:51 PM
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Via Bloomberg
The Commission is not whispering anymore. Up to seven AI Gigafactories. Ten billion euro public money. Maybe twice that from private pockets. Bloomberg frames it as Europe trying to stop renting its future compute from somebody else’s basement. Sovereignty is not a slogan here. It is concrete, transformers, and a calendar. It matters because industrial policy just sat down next to the AI Act at the same dinner, and neither guest looks shy. Caveat: politicians love ribbon-cuttings; watts arrive on much slower trains than the press conference.
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