France is attracting major investments in AI, with both domestic and international players committing significant funds to strengthen the country’s AI ecosystem. President Emmanuel Macron announced a total of €109 billion ($112 billion) in investment pledges at the Paris AI summit, Reuters news report said.
Key investors include:
Brookfield: The Canadian investment firm is set to invest €20 billion in AI projects across France.
United Arab Emirates: UAE-backed investments could reach €50 billion in the coming years.
Amazon: The tech giant pledged €1.2 billion as part of a larger €6 billion investment in cloud infrastructure by 2031.
Apollo Global Management: The alternative asset manager has allocated an initial $5 billion for AI-related energy investments.
Digital Realty: The data center real estate trust is investing up to €6 billion to expand its facilities in Paris and Marseille.
Equinix: The company plans to invest €630 million as part of a €750 million commitment to develop 10 data centers around Paris and one in Bordeaux.
FluidStack: The AI cloud platform firm has signed a deal with the French government to build one of the world’s largest AI supercomputers, backed by a €10 billion investment, with completion expected by 2026.
Mistral AI: Backed by Nvidia, this French startup is launching Europe’s largest AI supercomputer and expanding partnerships with companies like Veolia and Dassault Systèmes.
These investments underscore France’s ambition to become a global leader in AI, competing with the U.S. and China in the race for AI dominance.
