French President Emmanuel Macron announced a total of 109 billion euros in the private investment in the ecosystem of Amnesty International (about $ 112 billion at current exchange rates) on Sunday evening. Paris this week hosts the Summit of Artificial Work – the third international summit that focused on artificial intelligence after one in Bletchley Park in the UK, Soulay, South Korea.
“I can tell you this evening, that Europe will accelerate, France will accelerate. Next.
“What is this? It is exactly the equivalent of France for what the United States announced with Stargate – 500 billion dollars – it is the same percentage. With 68 million people, France has the lowest five times the people from the United States
On Sunday, Techcrunch has started calculating all investment pledges from foreign and local players who have been flowing over the past few days. With 30 to 50 billion euros from the United Arab Emirates (and MGX), 20 billion euros coming from the Canadian investment company Brockefield, 10 billion euros coming from BPIFrance and 3 billion euros coming from the French telecommunications company ILIAD, we reached a total of up to 83 One billion euros (85 billion dollars).
So some companies have not announced their plans yet. During the interview, Macron and Thales mentioned as other investors in the program. Most investments will go to new databases that focus on artificial intelligence. Thus, the comparison with Stargate.
Macron has also shed light on French startups of artificial intelligence, such as Mistral, Wandercraft and Owkin, which transferred its headquarters to the United States, which believes that Europe is still competitive when it comes to artificial smart companies, and even said Deepseek represents an opportunity to catch up.
There was a race to expand its scope. Everyone thought you should always be bigger and stronger. What do Dibsik do with its open models? They have taken all accessible innovations from the latest Openai and adapted to their own model, using a more accustomed approach. “Everyone will continue to do so. For this reason you have to be in this race. “
Mistral Data Center Project
Arthur Minche, co -founder and CEO of Mistral, has announced plans to invest billions of dollars in the AI Group. It can be said that the only European company that works on basic models that can compete with models of Meta, Openai, HotHROPIC, Deepseek, alibaba and others.
“We will do our work and invest several billion euros in a group, which will be prepared in Essonne, so that we can train more efficient systems in just a few months,” Minsh said on French TV TF1. .
These ads can be considered a reaction to the Stargate project, a $ 500 billion investment program led by Openai and SoftBank to build multiple data centers for Amnesty International in the United States.
As a reminder, the majority of electricity production in France comes from nuclear power plants. France also produces more electricity than you need. Since technology companies are looking at new locations for energy-giving data centers-perfectly supported by carbon-free electricity-France appears as the perfect location in Europe for these new projects.
In France, we have extraordinary progress. We produce some of the most controlled and controlled electricity in the world. We have the safer and most stable network. We export this low -carbon electricity.
According to him, France exported 90twh from electricity to neighboring countries in 2024. France is now plans to use this space to attract foreign investment.
