Announcement
19 Jun 2024
In June 2024, the European Union approved the creation of open AI Factories as a new pillar of the European High Performance Computing Joint Undertaking (EuroHPC) established in 2021 (see related state act).
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
09 Jul 2024
Revocation date:
No revocation date
Announced: 19 Jun 2024
In-kind grant
In force
On 19 June 2024, the European Union published Council Regulation (EU) 2024/1732 amending the High Performance Computing Joint Undertaking (EuroHPC) to establish "AI Factories". These AI factories will...
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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: 18 Nov 2025
Austria: EUR 10 million financial grant for Advanced Computing Austria ACA GmbH under Horizon Europe
Announced: 11 Feb 2025
EU: Launch of InvestAI Initiative, including EUR 20 billion to finance AI gigafactories
Announced: 24 Jan 2024
EU: Commission publishes "strategic investment framework" to support AI development
Removed: 19 Jan 2026
EU: EUR 3.1 billion support to develop high-performance computing until 2027
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