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InvestAI

INITIATIVECompetitiveness, Innovation & Strategic Investment

The program will mobilise €200 billion to scale Europe’s AI capacity through a layered public-private fund that de-risks private capital with the EU budget and national co-financing. It will finance four AI gigafactories each with around 100,000 latest-generation AI chips, creating the world’s largest PPP for trustworthy AI and giving startups and industry broad access to compute. Initial EU contributions will come from Digital Europe, Horizon Europe and InvestEU, with cohesion funding from Member States. InvestAI complements the €10 billion AI Factories programme and serves as a pilot for strategic-technology financing under the Competitiveness Compass.

Status

Not yet announced

External references

Associated strategies (1)

Siblings under AI Continent Action Plan(17)

Siblings in Competitiveness, Innovation & Strategic Investment(6)