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Euronews
Euronews
Romane Armangau

European Investment Bank Group backs Commission's AI gigafactory plan

The European Investment Bank (EIB) Group has confirmed it will support the European Commission's project to create large artificial intelligence “gigafactories” across the European Union.

The agreement was signed in Brussels on Thursday by Commission Executive Vice-President for Technology Henna Virkkunen, EIB President Nadia Calviño and European Investment Fund Deputy CEO Merete Clausen.

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