EXECUTIVE SUMMARY 3
INTRODUCTION: FROM ‘MEGA’ TO ‘BABE’ 5
1. WHAT IS BEING BUILT? A LOOK AT PUBLIC AND PRIVATE AI FACTORY PROJECTS 8
2. HUBS AND (GIGA)FACTORIES – WHERE’S THE LINK? 15
 2.1. ARE AI FACTORIES BEING BUILT IN THE RIGHT PLACES? 15
 2.2. WILL THE AI FACTORIES FOCUS ON THE RIGHT SECTORS? 22
 2.3. NETWORKS OF COLLABORATIONS BETWEEN HUBS AND FACTORIES 27
 2.4. TALENT ATTRACTION IN AI FACTORIES AND EXCELLENCE HUBS 30
 2.5. CAN AI FACTORIES ACTUALLY COOPERATE? 33
3. THE GIGAFACTORY MODEL: WILL IT WORK? 35
 3.1. WHAT KINDS OF GIGAFACTORIES? FACTORS TO CONSIDER ON THE WAY TO EUROPEAN SOVEREIGN AI 38
 3.2. FUTURE-PROOFING AI FACTORIES? MEMORIES OF THE PAST AND THE FUTURE OF MEMORY 41
 3.3. BUILDING NEW DEPENDENCIES RATHER THAN PROMOTING TECH SOVEREIGNTY? 45
CONCLUSION: WHAT ‘EUROPEAN WAY’ TO AI? 51