AIBearishBlockonomi · 3h ago7/10
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EU AI Data Center Project Faces Delays as Funding Gaps Grow
The EU's ambitious AI gigafactory project has encountered significant delays and reduced investor interest, with bidding pushed from May to July and early interest collapsing from 70 companies to approximately 10 expected bidders. Only two of the five planned one-gigawatt data centers can secure funding before 2028, creating a substantial funding gap that threatens the project's timeline and scope.