France · SoftBank · Japan · Bloomberg · Fortune Technology
SoftBank readies up to €75 billion investment in French AI centers
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SoftBank Group Corp. plans to invest as much as €75 billion ($87 billion) to build 5 gigawatts of artificial intelligence data center capacity in France, saying the country is poised to become a top European hub for AI infrastructure.
Key facts
- The first phase comprises an initial €45 billion investment to deliver 3.1 gigawatts of AI data center capacity in the Hauts-de-France region by 2031, SoftBank said Saturday in a statement
- Bloomberg has reported that Son floated the idea of SoftBank investing as much as $100 billion in France
- The commitment, which SoftBank called its biggest AI infrastructure investments in Europe, reflect personal diplomacy between Emmanuel Macron and SoftBank founder Masayoshi Son, who met
Summary
The first phase comprises an initial €45 billion investment to deliver 3.1 gigawatts of AI data center capacity in the Hauts-de-France region by 2031, SoftBank said Saturday in a statement. The commitment, which SoftBank called its biggest AI infrastructure investments in Europe, reflect personal diplomacy between Emmanuel Macron and SoftBank founder Masayoshi Son, who met during the French president’s visit to Japan this year. Bloomberg has reported that Son floated the idea of SoftBank investing as much as $100 billion in France.