Microsoft · Google · France · India · SoftBank · CNBC Technology
From Macron to Modi, governments are rolling out the red carpet for AI giants
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Countries are scrambling not to fall behind in AI, and French President Emmanuel Macron and Indian Prime Minister Narendra Modi are leading a personal charm offensives to court tech CEOs.
Key facts
- Modi met with Amazon's CEO Andy Jassy last Thursday, and welcomed the U.S. tech giant's " record $48 billion investment " in the country, of which $21 billion will be for AI and cloud infrastructure
- In May, SoftBank announced plans to build 3.1 GW of AI data centers in France by 2031, as part of a 75-billion-euro program to roll out 5 GW of AI data center capacity
- Modi last year met Microsoft chair and CEO Satya Nadella, Google CEO Sundar Pichai and Intel's CEO Lip-Bu Tan, with all of them committing to help develop India's AI ecosystem
- Other tech chiefs including France-based Mistral CEO Arthur Mensch, Canada's Cohere CEO Aidan Gomez, Italian company Domyn's Uljan Sharka, U.K. AI scaleup Synthesia's Victor Riparbelli
Summary
The pair have ramped up moves to court leaders of the world's biggest tech companies this year, as they look to secure investment and major AI infrastructure projects. They stand out among the countries scrambling to develop the data centers and ecosystems needed to power the tech, for their use of personal relationships. The French President hosted AI bosses at the G7 summit in June, and personally convinced SoftBank boss Masayoshi Son to invest tens of billions of dollars into AI data centers in the country. Modi met with Amazon's CEO Andy Jassy last Thursday, and welcomed the U.S. tech giant's " record $48 billion investment " in the country, of which $21 billion will be for AI and cloud infrastructure.