France Unveils €109 Billion AI Investment Plan to Compete with US Stargate Initiative

French PM Emmanuel Macron Laughs at Deepfake Video, Promotes AI Summit and €109B AI Investment

He positioned the investment as France's answer to Stargate -- a $500 billion AI infrastructure venture announced by Donald Trump. On day one of the Paris AI summit, French President Emmanuel Macron revealed plans for 109 billion euros of private AI investment that he called France's equivalent to

France unveils 109-billion-euro AI investment as Europe looks to keep up with U.S.

French President Emmanuel Macron greets journalists after meetings with guests at the Elysee Palace before the opening ceremony of the Paris 2024 Olympic Games in Paris, France, July 26, 2024. REUTERS/Yara Nard France's artificial intelligence sector will receive 109 billion euros ($112.6 billion)

France to invest €109bn investment in AI

France's investment is 'equivalent' to Stargate, Macron told journalists. French president Emmanuel Macron has announced €109bn in investments into artificial intelligence (AI) technology as the European country ramps up to match the US. The president made the announcement yesterday (9 February),

France announces €109B investment to boost AI ecosystem - SiliconANGLE

French President Emmanuel Macron today announced an investment initiative that will inject €109 billion, or $112 billion, into the country's artificial intelligence ecosystem. Marcon (pictured) detailed the plan on occasion of the AI Action Summit being held this week in Paris. The two-day

Macron unveils $179b AI investment to take on StarGate

Paris/New York | French President Emmanuel Macron has announced €109 billion ($179 billion) worth of investments in artificial intelligence in France over the coming years, as Europe seeks a greater foothold in the fast-growing industry dominated by the US and China. Mr Macron touted the new

Macron unveils a $112B AI investment package, France's answer to Stargate | TechCrunch

French President Emmanuel Macron announced a total of €109 billion in private investments in the AI ecosystem (around $112 billion at current exchange rates) on Sunday evening. This week, Paris is hosting the Artificial Intelligence Action Summit -- the third international summit focused on AI

Macron Touts €109 Billion of Investments in Bid to Become AI Hub

President Emmanuel Macron said foreign and domestic companies will invest a total of €109 billion ($113 billion) in artificial intelligence projects in France, marking a push to position the country as a competitive hub for AI development. The AI spending, unveiled during a two-day artificial

France Attracts More Than $100 Billion in Future AI Investments, Macron Says

France has attracted in excess of $100 billion in future investments for artificial intelligence projects, President Emmanuel Macron said as the country hosts the AI Action Summit this week. President Macron said in an interview with France 2 that in the coming years, 109 billion euros ($112.59

France has its own 'Stargate.'

President Emmanuel Macron announced that €109 billion (around $112 billion) in private sector investments will be put into AI in France over the coming years. Macron said the move is "equivalent" to the $500 billion AI data center project announced by President Trump last month ($100 billion of

France to Announce €109 Billion in AI Investments, Macron Says

France is set to announce a total of €109 billion ($113 billion) in investment in artificial intelligence projects in the country by companies, funds and other sources over coming years, President Emmanuel Macron said. Speaking in an interview on France 2 TV on Sunday, Macron referenced a

France to invest 109 billion euros in AI, Macron announces

PARIS, Feb 9 (Reuters) - President Emmanuel Macron said on Sunday that France will announce investments amounting to 109 billion euros ($112.5 billion) in artificial intelligence over the coming years during the Paris AI summit opening Monday. ($1 = 0.9688 euros) Reporting by Benoit Van

French President Macron Wants to Use AI as Accelerator of Innovation

President Emmanuel Macron says foreign companies will invest a total of €109 billion in artificial intelligence projects in France. Some investments will come from Amazon, Brookfield Asset Management and Apollo Global Management. Macron made the announcement at the AI Action Summit in Paris.

Details of 110 billion euros in investment pledges at France's AI summit

PARIS, Feb 10 (Reuters) - French President Emmanuel Macron on Monday announced investment pledges to bolster France's artificial intelligence sector totalling 109 billion euros ($112 billion)over the coming years. The financing, unveiled during the Paris AI summit, includes plans by Canadian

Factbox-Details of 110 Billion Euros in Investment Pledges at France's AI Summit

PARIS (Reuters) - French President Emmanuel Macron on Monday announced investment pledges to bolster France's artificial intelligence sector totalling 109 billion euros ($112 billion)over the coming years. The financing, unveiled during the Paris AI summit, includes plans by Canadian investment

French public investment bank says to pump EUR10B into AI by 2029

PARIS (AFP) - French public lender Bpifrance will invest EUR10 billion (USD10.4 billion) in artificial intelligence (AI)-related projects by 2029, the bank said as Paris hosts a global summit on the technology. Bpifrance said in a statement that it will invest directly into startups developing AI