Technology & Cybersecurity | 14th November 2026
European Union leaders have called for greater investment in artificial intelligence and European technological independence following their first dedicated strategic discussion on AI at an informal summit in Dublin on 13th November.
European Commission President Ursula von der Leyen estimated that at least €500 billion in investment would be required to strengthen Europe's technological sovereignty, including semiconductor production, computing infrastructure and advanced AI development.
The Commission is already planning seven AI gigafactories, with approximately €30 billion being mobilised to provide the computing power needed to develop advanced European AI models. These facilities would expand on the EU's existing network of 19 AI factories, which support researchers and technology companies.
European Council President António Costa emphasised the importance of reducing dependence on foreign technology providers, strengthening European supply chains and ensuring access to affordable energy.
The summit also included Arthur Mensch, chief executive of French AI company Mistral AI, and Nobel Prize-winning researcher Geoffrey Hinton. Discussions addressed European competitiveness alongside AI safety, cybersecurity, employment and fundamental rights.
Von der Leyen said that 37% of EU businesses used AI in 2025, rising to 66% in Finland. However, European technology companies continue to face difficulties securing the investment needed to compete internationally.
The proposed €500 billion represents an estimated investment requirement rather than an approved funding commitment. The European Commission intends to develop further financing proposals, including measures to attract private investment.
EU leaders are expected to revisit artificial intelligence at their next informal meeting in February 2027, as Europe seeks to strengthen its position in an increasingly competitive global technology sector.