EU's €20 billion AI gigafactory plan stalls before bids

The EU's €20 billion initiative for five AI data centres with one gigawatt capacity each is failing before any bids are submitted. Each centre is designed to house about 100,000 advanced chips. The bidding timeline has been delayed from May to July. Only two of the five planned centres will receive funding due to unclear financial backing. The plan lacks sufficient funding to support all sites. The delay undermines the EU's ability to launch large-scale AI infrastructure projects.