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Late Sunday, French President Emmanuel Macron announced a total of 109 billion euros in the private investment in the ecosystem of Amnesty International – or about $ 112 billion at current exchange rates. Paris hosts the summit of the artificial intelligence movement this week – the third international summit that focused on artificial intelligence after the previous events in the United Kingdom, South, South Korea.
“I can tell you this evening, Europe will speed up, and France will speed up,” Macron said in a television interview in France 2 and the first job in India. “Over the next few years” will be published.
He added that the amount of money represents “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 5x less than people from the United States)
Techcrunch has started calculating all investment pledges of foreign and local players who were rolling over the past few days. With 30 billion euros to 50 billion euros from the United Arab Emirates (and MGX), 20 billion euros coming from the Canadian investment company Brukvield, 10 billion euros coming from BPIFrance and 3B euros coming from the French telecommunications company ILIAD, we have reached up to 83 billion Euro (85 billion dollars) starting from Sunday.
Some companies have not yet announced their plans. 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 also discussed French startups of artificial intelligence that transported its headquarters to the United States, such as Mistral, Owkin and Wandercraft. He said he believed that Europe is still competitive when it comes to artificial intelligence companies – it even indicates that Dibsik 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 such as Alibaba, Anthropic, Deepseek, Meta, Openai 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. .
This announcement can be considered another reaction to the Stargate project, an investment program of $ 500 billion led by Openai and SoftBank, to create 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 use.
Since technology companies are looking at new locations for energy-ranging data centers-which are perfectly operating with carbon-free electricity-France can offer itself as the perfect location in Europe for these projects.
In France, we have extraordinary progress. “We produce some of the most controlled electricity in the world,” Macron said, adding: “We have the safest and most stable network. We export this low -carbon electricity.”
According to the French President, the country has exported 90 frequency of electricity to neighboring countries in 2024. France is now plans to use this main space to attract foreign investment.
