France unveils 109-billion-euro AI investment as Europe looks to keep up with U.S.
2025-02-10 22:27:22 source：CNBC
February 10, 2025
France’s artificial intelligence sector will receive 109 billion euros ($112.6 billion) of private investment in the “coming years,” President Emmanuel Macron announced Sunday ahead of the country’s global AI summit.
Speaking with French broadcaster TF1, Macron described the multibillion-euro pledge as “the equivalent for France of what the United States announced with Stargate,” referring to U.S. President Donald Trump’s massive $500 billion private AI investment project.
The U.S. joint venture, dubbed Stargate, will see OpenAI, Oracle and SoftBank spend up to $500 billion on AI infrastructure in America over the next four years.
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