UAE to invest billions to build a massive AI data center in France at a cost of about $40 billion

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"A few days ahead of the Artificial Intelligence Action Summit in Paris, the French presidency has announced the first of several expected financial initiatives related to AI. France’s Emmanuel Macron and the United Arab Emirates’ Mohamed bin Zayed Al Nahyan have signed an agreement for a significant investment to build a massive data center dedicated to artificial intelligence in France.

According to a report from the AFP, France and the UAE could spend “€30 to €50 billion” ($31 to $52 billion at current exchange rates) to build an AI campus. Most of the investment would go toward a data center with a capacity of up to 1GW. ..."

UAE to invest billions to build AI data center in France | TechCrunch