Investments in French AI ecosystem reach $85B as Brookfield commits $20B
French AI investments reach $85B with Brookfield's commitment of $20B.
The French AI ecosystem is set to see investments totaling $85 billion, highlighted by a significant commitment from Canadian firm Brookfield. They plan to invest €20 billion in AI projects by 2030, largely for building AI data centers, including a gigawatt-capacity facility in Cambrai.
France and the UAE also declared a €50 billion AI campus project, with a prominent portion allocated for a gigawatt-capacity data center. This follows the U.S.-based Stargate Project's $500 billion data center initiative, challenging European competitiveness and encouraging new investments.
Bpifrance is contributing €10 billion to support AI startups, while Iliad, backed by Xavier Niel, is earmarking €3 billion for AI-focused data centers. These developments make France an appealing destination for tech companies seeking sustainable energy sources for power-intensive AI operations.