Categories: politics

Macron undertakes to catch up with 109 billion investment in AI – Politico

The United Arab Emirates will spend more than 30 billion euros to build a data center in France, while the Canadian investment company Brookfield has embarked on an investment of 20 billion euros. These two figures are part of the total of 109 billion euros announced by Macron, French president’s office told journalists.

Macron’s announcement came in the evening before France launched a two -day AI summit in Paris.

Macron presented the French plan in response to the initiative of 500 billion euros announced by US President Donald Trump last month nicknamed “Stargate”. Macron argued that the French plan was as ambitious as that of the American during investment per capita.

“This is the French equivalent of what the United States has announced with Stargate. This is the same proportion,” said Macron.

Clea Caulcutt contributed to this report

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