Key Details: France has unveiled a €109 billion ($112B) private sector AI investment plan, with contributions of €50B from the UAE and €20B from Brookfield. The focus will be on data centers and infrastructure. This announcement precedes the Paris AI Action Summit, set to host leaders from over 80 countries.
Why It Matters: This investment establishes France as a key player in AI in Europe, positioning it in direct competition with the US $500B Stargate initiative. The project encompasses the development of a massive 1GW data center and aims to double the training of AI professionals to 100,000.