Global Trade Alert
Global Trade Alert

EU: EUR 3.1 billion support to develop high-performance computing until 2027

Announcement

13 Jul 2021

In July 2021, the European Union adopted a regulation establishing the European High Performance Computing Joint Undertaking (EuroHPC) .

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Jul 2021

Revocation date:

19 Jan 2026

Removed: 19 Jan 2026
Financial grant
On 13 July 2021, the EU established the High Performance Computing Joint Undertaking (EuroHPC) with public support of EUR 3.1 billion (USD 3.6 billion) for the 2021-2027 period. The EuroHPC will deliv...
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Related State Acts

Announced: 19 Jan 2026

EU: Budget increase for EuroHPC JU to finance AI gigafactories and the development of quantum computers

Announced: 11 Feb 2025

EU: Launch of InvestAI Initiative, including EUR 20 billion to finance AI gigafactories

Announced: 19 Jun 2024

EU: AI Factories envisioned under the EuroHPC joint undertaking

Announced: 08 Apr 2022

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Announced: 15 Mar 2022

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EU: Additional financial sanctions on Belarus, including on its Central Bank and the exclusion of 3 banks from SWIFT

Announced: 02 Mar 2022

EU: Suspension of broadcasting activities of Russian state-owned Sputnik and RT

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EU: Further trade restrictions on Belarus includes export and import bans on several products

Announced: 30 Nov 2021

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Announced: 14 Jul 2021

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Announced: 11 May 2021

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