Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

Macron presents a $ 112b investment package, France’s stargate response


French President Emmanuel Macron announced a total of 109 billion euros in individual investments in the AI ​​ecosystem ($ 112 billion in current rates) on Sunday evening. This week is hosting Paris Artificial Intelligence Action Summit – In one of the third international summit, it is directed to AI Bletchley Park In the UK and SeoulSouth Korea.

“I can say this evening, Europe will accelerate, and France will accelerate.

“What is this? What is the United States with Stargate and the $ 500 billion is the equivalent of the $ 500 billion – the same rate is in the same proportions. France, which has a population of 68 million, has five times fewer than the United States

On Sunday, TechCrunch, the overall and local players who rolled over the past few days began to count all the investment hostages. Comes with 30 to 50 billion euros United Arab Emirates (and MGX) comes from 20 billion euros Canadian Investment Company BrookfieldComes 10 billion euros Bpifrance French Telecom Company Ilid has reached 3 billion euros and reached a total of 83 billion euros ($ 85 billion).

Thus, several companies have not yet announced their plans. During the interview, Macron celebrated orange and destinies as other investors in the program. Most investments will go to new AI-centered data centers. So compare with stargate.

French EU, such as Macron, Mistral, Traveler and Baygon, for example, transferred the headquarters to the United States, which came to the beginning of artificial intelligence, he said, even Deepseek said.

“There was a race for measurement. Everyone did what he had to be bigger and stronger. Deepsel did it do with the open models? “Everyone will continue to do it. And so you should be in this race.”

Mistral’s own data center project

Mistral co-founder and General Director Artur Mensch, also announced investing in a group of EU billions. Paris-based company is the only European company that works on basic models that can compete with meta, Openai, Antropian, Anthropic, Deepseek, Alibaba and others.

“We will do our bits and we will invest a few billion euros in a multi-billion euro in a cluster of Essonne, we will develop more efficient systems,” said Mensch French TV TF1.

These ads can be accepted as a reaction Stargate project$ 500 billion in investment program led by Openai and Softbank to create multiple data centers in the United States.

As a reminder, most French electricity production comes from nuclear power plants. France produces more electricity than the need. As technical companies look at new places for power-hunger information centers – Ideally equipped with carbon free electricity – France seems like an ideal place in Europe for these new projects.

“France, there is an emergency lead. We produce the most decarbonated and safe electricity in the world. We have the safest and most stable network. And we export this low carbonic electricity,” Macron said.

According to him, France exported 90TWH electricity to neighboring countries in 2024. And France now plans to use this headroom to attract foreign investment.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *