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The Canadian Brookfield investment company plans to invest € 20 billion in artificial intelligence projects in France (about $ 20.7 billion at the current exchange rate) by 2030 La Tribune on Sunday The news agency confirmed AFP– Most of the amount will be used to build AI-centered data centers.
This announcement is the latest in the series of investment commitments, when state and global technology leaders plan to collect an artificial intelligence action summit in Paris on Monday.
According to La Tribune Dimanche, Brookfield’s investment costs about EUR 15 billion in a huge data center in Cambrai, northern France. This data center will have up to one gigawatt capacity. The remainder will be used for new infrastructure projects, including the construction of new electricity production capabilities.
On Friday, France and the United Arab Emirates announced an AI Campus project with a large investment of up to EUR 50 billion ($ 52 billion). Once again, most investments turn to a data center with a capacity of up to a gigawatt.
There are two reasons why these Mega investment projects are ongoing. First, on January 21, Openai, Softbank, MGX and other partners presented Stargate Project, a $ 500 billion investment program that builds more data centers for AI in the United States.
As long as obscure How will individual investors are willing to commit to Stargate, this announcement – Mario Draghi’s most recent report The European competitiveness was a number of political decision-maker.
Second, most of France’s electricity production comes from nuclear power plants (About 65%) and renewable resources (about 25%). It also produces more electricity than you need. Technology companies are struggling to reduce their carbon dioxide footprints and find the right electricity capacity to attract the attractive location of power-hungry data centers to France.
Other obligations of local companies
The French state investment bank has announced a separate -special announcement that it plans to invest € 10 billion ($ 10.3 billion) into its AI ecosystem in France. This is not a data central project, as BPIFrance usually wants to support multiple start -up companies and becomes a limited partner at VC companies specializing in AI Investments. Bpifrance is already a shareholder alongside Mistral, H and Poolside.
Finally, Iliad, a telecommunications company, founded by French billionaire Xavier Niel, distributes EUR 3 billion to AI investments ($ 3.1 billion) with the help of infravia. About 2.5 billion euros ($ 2.6 billion) will be used to build new AI-centered data centers with “hundreds of megawatts”.
SchemeThe France -based Cloud Computing Company is a subsidiary of Iliad. So the new calculation power is likely to be available through Scaleway. Some European AI companies have already used Scaleway to train AI models such as Mistral, H and Photoroom. (Interestingly, Xavier Niel is also an investor in Mistral and H.)
If you add these announcements, France will receive $ 83 billion ($ 85 billion) in AI-related investments in the coming years, primarily for data centers and infrastructure projects. And there may be even more at the AI Action Summit.
