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flag The EU unveils a €20bn plan to build AI facilities and supercomputers to compete globally.

flag The European Union has announced a €20bn plan to build AI gigafactories and supercomputers to boost its AI capabilities and compete with the US and China. flag The AI Continent Action Plan includes five key areas: infrastructure, data access, algorithm development, AI adoption, and talent enhancement. flag It aims to establish large-scale AI facilities, foster innovation, and simplify regulations to encourage AI growth. flag The plan also seeks to recruit international AI experts and ensure the technology is used fairly and transparently.

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