In late Sunday, French President Emmanuel Macron announced about $ 110 billion in a total of 11.9 billion euros of private investments or current exchange rates for AI ecosystems. Paris is holding an AI Action Summit this week. This week’s international summit focused on AI after the initial event of the British BLETCHLEY Park and Korea Seoul.
Macron said in a TV interview on the first post of France 2 and India, “This evening, you can say that Europe will speed up and France will speed up.” It will be deployed “in the next few years.”
He added that the pot of money is “exactly the same as what the United States has announced with Stargate.” (France, with 68 million inhabitants, is five times less than the United States)
TechCrunch has begun all investment vows for foreign and local players that have been released over the last few days. € 30b to € 50B in the United Arab Emirates (and MGX), € 20B from Brookfield, a Canadian investment company, € 10B from BPIFRANCE, € 3B in French telecommunications company ILIAD, we reached a total of € 83B. ($ 85B) as of Sunday.
Some companies have not yet announced their plans. In the interview, Macron mentioned Orange and Thales as another investor in the program.
Most investments will go towards the new AI -centered data center. Therefore, comparison with stargate.
Macron also discussed the French AI new company that moved its headquarters to the United States, such as Mistral, Owkin and Wandercraft. He believes that Europe is still competitive with AI startups.
“There was a race to expand the scale. Everyone thought you should always be bigger and stronger. What did Deepseek do as an open model? They brought all the accessible innovations from the latest OpenAI models and applied them to their own models using a more frugal approach. ” “Everyone will continue to do this. That’s why we must be in this race. ”
Mistral’s Data Center Project
Arthur Mensch, co -founder and CEO of Mistral, has also announced plans to invest billions in the AI cluster. Headquartered in Paris, this company is probably the only European company that works in basic models that can compete with models such as Alibaba, Anthropic, Deepseek, Meta, and Openai.
Mensch said in the French TV TF1, “We will bite and invest billions of euros in clusters. This will be established in Essonne, so you can train a more efficient system in a few months. .
This announcement is another $ 500 billion investment program led by Openai and Softbank, another reaction to Stargate Project, to build multiple data centers for the US AI.
Most of the French electricity production comes from nuclear power plants. France also produces more electricity than used. On Monday, the French government announced that the country plans to promise the one -giga watt of nuclear power by the end of 2026 by the end of 2026.
As a technology company looks at the new location for data centers with power betrayal that has no carbon electricity, France can suggest an ideal position in Europe of the project.
“There is a special lead in France. We produce the most carbonized, controllable and safe electricity in the world. “Macron adds:” We have the safest and most stable grid. And we export this low carbon electricity. “
According to the French president, the country exported 90TWH of electricity to neighboring countries in 2024. France is now planning to use this headroom to attract overseas investments.
