this post was submitted on 10 Feb 2025
136 points (89.5% liked)

Technology

62063 readers
4991 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
136
French President Emmanuel Macron announces €100 billion investments in AI (www.france24.com)
submitted 2 days ago* (last edited 1 day ago) by Eyekaytee@aussie.zone to c/technology@lemmy.world
63 comments fedilink hide all child comments
 

further details:

Meanwhile, the French financing will include commitments from the United Arab Emirates, American and Canadian investments funds and French companies like telecommunications firms Iliad and Orange, and aerospace and defense group Thales

A few days before France’s AI Action Summit, which kicked off on Monday, the UAE said it would invest between 30 billion euros and 50 billion euros in the construction of a one-gigawatt AI data center in France as part of a campus focused on the technology’s development.

https://www.cnbc.com/2025/02/10/frances-answer-to-stargate-macron-announces-ai-investment.html

you are viewing a single comment's thread
view the rest of the comments
[–] qyron@sopuli.xyz 26 points 2 days ago (1 children)

Will this be done through funding colleges and universities, doctorates and other publicly funded projects and initiatives?

If so, good. AI might be a good tool, after a long, curated, legally directed and supervised, period of investigation, to create safe tools for public use.

If not, and this money is to be thrown out to private companies, with little to no oversight, it is pure waste of resources, badly needed to fund other social sectors.

[–] Eyekaytee@aussie.zone 6 points 1 day ago* (last edited 1 day ago)

Looks like it is comparable to the US Stargate announcement, the money is coming from private companies and going into private investment, which is amazing, I wish France24 had been a bit more specific:

Meanwhile, the French financing will include commitments from the United Arab Emirates, American and Canadian investments funds and French companies like telecommunications firms Iliad and Orange, and aerospace and defense group Thales

A few days before France’s AI Action Summit, which kicked off on Monday, the UAE said it would invest between 30 billion euros and 50 billion euros in the construction of a one-gigawatt AI data center in France as part of a campus focused on the technology’s development.

https://www.cnbc.com/2025/02/10/frances-answer-to-stargate-macron-announces-ai-investment.html

European companies investing in Europe AND into leading edge technologies? Crazy