Panel: How to triple data centre capacity to build ‘AI gigafactories’ in Europe

02 Jun 2026
Innovation Stage, hosted by Verne Global
Pink Zone

The European Commission has launched ambitious plans, including the construction of four ‘AI gigafactories’, supercomputers dedicated to training advanced AI models, made possible by a public-private consortium worth around EUR 20 billion. Nevertheless, the gap with the US remains significant: hyperscalers invest USD 10–15 billion a quarter in AI infrastructure, which far exceeds European capacity, leading to a constant need for initiatives in the field to gain ground. This session will look at the Cloud and AI Development Act and the implications for the future of a European sovereign cloud.  

Chairperson
Mark  Acton
Mark Acton, Head of Technical Due Diligence - Future-tech
Speakers
Colm  Shorten
Colm Shorten, Senior Director - Data Centers - Global Strategy & Innovation - JLL
Piotr Kowalski
Piotr Kowalski, Managing Director - POLISH DATA CENTER ASSOCIATION
Scott Armul
Scott Armul, Chief Product and Technology Officer - Vertiv
Sofia Trenor
Sofia Trenor, Vice President, EU Affairs - Nscale
Lynn Smullen
Lynn Smullen, President - EdgeConneX