France announces 109 billion euros in artificial intelligence investment

Odaily Planet Daily News French President Malone announced that the French artificial intelligence industry would receive 109 billion euros (about $112.6 billion) of private investment. Malone described this investment as similar to the 500 billion dollar AI investment project "Stargate" announced by the United States. It is reported that France's investment will include contributions from investment funds in the United Arab Emirates, the United States, and Canada, as well as participation from French companies such as Iliad, Orange, and Thales. The United Arab Emirates plans to invest € 30 billion to € 50 billion in France to build a one gigawatt AI data center, while Paris based artificial intelligence company Mistral announced plans to invest billions of euros in France to build its own data center. (Golden Ten)