
EU Pledges Billions for AI Data Centers and Ukraine Aid
The European Union has pledged €10 billion in public funding for the construction of seven large AI data centers and is providing nearly €3.5 billion to Ukraine for drones, missiles, air defense, and fighter jets. These initiatives highlight the EU's focus on technological advancement and support for Ukraine.
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EU Pledges €10 Billion in Public Funding for New AI Data Centers
The European Union invited companies to apply to build as many as seven artificial intelligence data centers in Europe backed by public funds, furthering the bloc’s closely-watched plan to cut its reliance on overseas technology.
By Gian Volpicelli
Read full article →Ukraine receives nearly €3.5B from EU for drones, missiles, air defense and fighter jets
Ukraine’s state budget has received €3.47 billion from the European Union under the Ukraine Support Loan. The funds will be directed to defense and other priority needs.
Read full article →Coverage Timeline
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