The United Arab Emirates will spend more than €30 billion to build a data center in France, while Canadian investment firm Brookfield committed to a €20 billion investment. Both of those figures are part of the total €109 billion announced by Macron, the French president’s office told reporters.
Macron’s announcement came the evening before France kicked off a two-day AI summit in Paris.
Macron presented the French plan as a response to the €500 billion initiative announced by U.S. President Donald Trump last month dubbed “Stargate.” Macron argued that the French plan was as ambitious as the American one when considering investment per capita.
“It is the French equivalent of what the U.S. announced with Stargate. It is the same proportion,” Macron said.
Clea Caulcutt contributed to this report