The EU recently announced a €20 billion (approximately £17 billion) plan to establish multiple AI factories across Europe, equipped with high-performance computing resources to drive the development of next-generation AI models. This strategy aims to establish Europe as an "AI continent." According to EU Commission Vice-President Henna Virkkunen, AI is crucial for enhancing Europe's competitiveness, security, and technological sovereignty in the face of intense global competition. Currently, the US and...
