EU’s $23B AI Infrastructure Plan Ignites Rally in AI-Focused Cryptocurrencies
The European Union has set the stage for a massive AI infrastructure rollout with its $23 billion investment announcement. Tech chief Henna Virkkunen confirmed bidding for AI gigafactories will open in early 2026, targeting deployment of 3 million GPUs across 60 European sites. This unprecedented commitment is already creating Ripple effects across crypto markets.
Early-stage AI projects like DeepSnitch AI are seeing explosive growth, with its presale up 70% since launch. The EU's MOVE signals institutional validation of AI as the next megatrend, with capital flows anticipating the 2026 infrastructure buildout. Market activity suggests traders are positioning ahead of what could be a multi-year growth cycle for AI-related digital assets.