Macron signals investments of 109 billion euros

10/2/2025 6:07

France will announce private sector investments totalling

some 109 billion euros ($112.5 billion) in its artificial

intelligence sector during the Paris AI summit which opens on

Monday, President Emmanuel Macron said.



The financing includes plans by Canadian investment firm

Brookfield to invest 20 billion euros in AI projects in France

and financing from the United Arab Emirates which could hit 50

billion euros in the years ahead, Macron's office said.



The Elysee Palace said the UAE investment would include

financing for a 1 gigawatt data centre. The La Tribune de

Dimanche newspaper reported that the bulk of Brookfield's

investment would go towards a data centre.



AI requires huge amounts of energy to power massive data

centres, with



Europe



seen struggling to meet future demand.



Last month, U.S. President Donald Trump



announced



that OpenAI, SoftBank Group and Oracle

would invest $500 billion in AI infrastructure over the next

four years to help the United States stay ahead of China and

other rivals in the global AI race.