Macron unveils $112.5 bn AI investment to boost France's tech ambitions

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Meanwhile, French newspaper La Tribune de Dimanche reported that the majority of Brookfield’s funding will also be directed towards data centre development.

Major tech firms, including Google, Amazon, Microsoft, and Meta, are expected to collectively spend around $300 billion this year on AI-related capital expenditure.

The funding package includes a commitment from Canadian investment firm Brookfield to invest 20 billion euro in AI projects in France.

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Category: BusinessFinance

Markets: IndiaChinaFranceUnited Arab Emirates

Topics: Brookfield AI AI data centres Emmanuel Macron AI competition US China Paris AI Summit France AI investment AI regulation Europe Stargate project AI funding France AI investment Europe

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News Sentiment: Negative

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Article Type: News Report

Published On: 2025-02-10 @ 16:24:25 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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