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Macron unveils $112B AI investment package, France’s answer to US’ Stargate
French President Emmanuel Macron announced a total of €109 billion in private investments in the AI ecosystem (around $112 billion at current exchange
On Sunday, TechCrunch started counting all the investment pledges from foreign and local players that have been rolling in over the past few days. “We’re going to do our bit and invest several billion euros in a cluster, which will be set up in Essonne, so that we can train even more efficient systems in just a few months’ time,” Mensch said on French TV TF1. Those announcements could be considered as a reaction to the Stargate Project, a $500 billion investment program led by OpenAI and SoftBank to build multiple data centers for AI in the United States.
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