France announces a 109 billion euro investment in artificial intelligence

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Odaily Planet Daily News According to French President Macron, the French artificial intelligence industry will receive private investment of 1,090 billion euros (about 1,126 billion US dollars). Macron described this investment as similar to the US announced 500 billion US dollar AI investment project 'Stargate'. It is reported that the French investment will include contributions from the UAE, US and Canadian investment funds, as well as the participation of French companies such as Iliad, Orange, and Thales. The UAE plans to invest 30 to 50 billion euros in France to build a 1 gigawatt AI data center, and the AI company Mistral, headquartered in Paris, announced plans to invest several billion euros to build its own data center in France. (Jinse)

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