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Macron Announces €112B AI Investment at Paris Summit

Emmanuel Macron announced €109 billion in private investments for the AI ecosystem in France, equating to about $112 billion.
Most investments will support new AI-focused data centers, with significant contributions from the United Arab Emirates and Canadian firms.
Macron emphasized the need for Europe to remain competitive in AI and plans to simplify regulations to attract foreign investments.
France aims to unveil Europe's largest supercomputer by fall 2025, enhancing its military and technological capabilities with AI.

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Digi 24

Macron's bet on artificial intelligence. Where will the 109 billion euros he will invest in it come from?

France is stepping up the pace in the race for artificial intelligence. On the eve of the AI Action summit in Paris, Emmanuel Macron announced on France 2 on Sunday that "private investments of 109 billion euros will be made in the coming years...

12 days ago·Romania

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NHK World

French President Macron to set up large-scale AI data center

[NHK] Regarding AI, where countries continue to compete fiercely in the development of artificial intelligence, President Macron spoke at the "AI Action Summit" held in France about the future...

12 days ago·Tokyo, Japan

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VOA News

France seeks AI boom, urges EU investment in the sector

At an AI summit in Paris, French president urged Europe to be an AI leader, but concerns about the technology persist

12 days ago·United States

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n-tv.de

Pursuing leadership: France wants to pump 100 billion euros into AI

France wants to be not only a leader in artificial intelligence in Europe, but also a heavyweight attack on the USA. In order not to lose the connection, corporations therefore pump 109 billion euros into the technology. Among other things, the money is to flow into the construction of data centers.

12 days ago

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Variety

France Unveils Private Sector’s Plan to Invest $112 Billion in AI Ecosystem

French President Emmanuel Macron unveiled a $112 billion investment package from the private sector to boost the AI ecosystem in France and Europe.

12 days ago·Los Angeles, United States

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Startups News | Tech News

France unveils $112B AI investment, its answer to the US’ Stargate as global AI race heats up - Tech Startups

France’s artificial intelligence sector is set to receive €109 billion ($112.6 billion) in private investments over the coming years, President Emmanuel Macron announced Sunday, just ahead of the country’s global AI summit. The announcement comes three weeks after U.S. President […] The post France unveils $112B AI investment, its answer to the US’ Stargate as global AI race heats up first appeared on Tech Startups.

12 days ago

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