Europe.Table News Artificial intelligence

AI Gigafactories: EIB supports Commission and interested parties

The European Investment Bank is to support major projects and turn them into investment-worthy enterprises. The start of the official tender process has been postponed until the beginning of 2026.

05. December 2025
On 4 December 2025, Henna Virkkunen (center), Executive Vice-President of the European Commission for Tech Sovereignty, Security and Democracy, and Nadia Calvino (left), President of the European Investment Bank (EIB), give a press point on AI Gigafactories. Together, they sign the Memorandum of Understanding on AI Gigafactories with Merete Clausen, Deputy Chief Executive of the European Investment Fund.
EIB CEO Nadia Calvino, Executive Vice-President Henna Virkkunen and Merete Claisen sign the agreement (Lukasz Kobus/European Union, 2025)

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Last updated: 05. December 2025