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French President Emmanuel Macron has announced investments in artificial intelligence in France 109 billion euros in the coming years, as Europe is looking for a larger stronghold in the industry quickly growing in which the US and China are dominated by China.
Macron has released a new funding on the eve of the AI Action Summit in Paris, which begins on Monday, attending discussions between the world leaders and the AI executives like Openai’s Sam Altman.
Came after US President Donald Trump welcomed the AI infrastructure project of $ 500 billion known as ViewThey are being built in America, led by Openi and Softbank.
Great technologies of Google, Amazon, Microsoft and Meta have lined up $ 300 billion this year for capital expenditures associated with AI.
Meanwhile, Chinese groups like Deepseek make huge steps in developing competitive and cheap AI models, while Huawei greatly invests in the construction of chips that can submit to those on the leader on the Nvidia market.
Faced with such competition, “Europe and France have to accelerate their investments,” Macron said on Sunday, France 2 television.
In this goal, France will announce on Monday that the companies agreed to invest 109 billion euros in AI projects in the country in the coming years.
“This is the equivalent of France from what they have announced now for Stargate,” Macron said.
This move emphasizes Macron’s determination that France and Europe are part of a global race for the development and commercialization of top technology.
One investment in France will be from the United Arab Emirates, who said last week that he would invest as much as EUR 50 billion in a new campus for data centers.
Initial financing comes from the MGX Fund Abu Dhabi, an investment vehicle in the amount of $ 100 billion, which is also involved in Stargate, while the consortium of French companies would be joined later.
On Sunday, the Canadian property manager of Brookfield also announced an investment of 20 billion euros to support the implementation of AI infrastructure in France.
The second outcome of the summit on the summit will be the creation of a non -profit investment fund called the current AI, which aims to further so -called “public interest of AI”, such as creating data customized privacy data, anonymous health care data for AI projects. About € 400 million advocated for a five -year goal of funds raising € 2.5 billion.
European start-ups are long behind their American and Chinese counterparts as they face uphill because of insufficient financing, access to computer power and lack of clarity regarding the application of regulations.
For Macron, Summit is an opportunity to show that France can still have soft power on major global questions like AI.
He advocated Europe to develop his own AI platforms and applications so as not only to rely on US and Chinese technology, which will affect so many areas of business, consumers and society.
In particular, he was a fan of AI start-up Mistral based in Paris, one of the only significant builders of a large linguistic model in Europe, and his executive director Arthur Mensch expected to be the star of the French Summit.
Macron and other leaders, such as the co -organizer of Indian Prime Minister Narendra Modi, are expected to advocate more “open”, shared AI platforms such as those built by Mistral and Deepsek, unlike closed alternatives made by Openi and Google.
Yann Lecun, the main AI scientist from Meta and a reputable French explorer, said that US companies with closed models “have a superiority complex that is wrong,” adding: “The open world has caught them.”
Additional reporting Ivan Levingston in London, Henry Foy and Barbara Moens in Brussels
