A few days before the summit of artificial intelligence in Paris, the French presidency announced the first among many expected financial initiatives related to AI. Emmanuel Macron of France and Emirati Arab patients, Mohammed bin Zayed Al Nahyan, signed an agreement on a major investment to build a huge data center dedicated to artificial intelligence in France.
According to AFP reportFrance and the United Arab Emirates can spend “30 to 50 billion euros” (31 to 52 billion dollars at current exchange rates) to build a deprived of artificial intelligence. Most of the investment will go to a database with a capacity of 1GW.
On Thursday morning, Clara Chapas, the Minister of Amnesty International in France, said France has identified 35 sites that could be used to create new data centers with fast -track administrative approvals. The investment of the data center in the United Arab Emirates is likely to benefit from this framework.
About 65 % From the production of electricity in France comes from nuclear power plants. The country also gets about 25 % of electricity from renewable sources. While large technology companies are struggling to reduce carbon fingerprint, France uses the AI Action Summit as an opportunity to attract foreign investment, especially for energy -thirsty data centers.
French and Emirati investors will prepare the data center project in France. MGX, the Emirati investment company for artificial intelligence.
MGX has also been listed as one of the first investors in Stargate, a AI project widely widely led by Softbank and Openai. Commenting on the penetration of Stargate and the Chinese AI to accomplish the last Deepseek, Chapas seemed hope for the prospects of France and Europe’s future.
“The size and scale between these two advertisements appears that this is just a beginning,” she said in a technical meeting organized by the Baldaron and photographing the Photo on Thursday evening. “Because this technology is our opportunity to catch up with the knees,” she added.
On Monday and Tuesday, heads of state will flow to Paris to meet global technology leaders. They will probably announce more investment deals and a joint statement. The diplomatic agreement can focus on the environmental impact of artificial intelligence.
It is expected that US Vice President JD Vance, Chinese Deputy Prime Minister Zhang Jojing, European Commission President Ursula von der Lien, and German advisor Olaf Schulz will come to the Grand Palace in Paris for the summit.
