Canada’s Brookfield to pour €20 billon into French AI infrastructure

Share via:


Canadian fund Brookfield will invest 20 billion euros ($21 billion) by 2030 to help build data centres crucial to artificial intelligence development in France, a source close to the deal told AFP on Saturday.Confirming reports in the La Tribune Dimanche newspaper, the announcement comes as Paris prepares to play host to a global summit of political and tech industry leaders on the technology on Monday and Tuesday.

With the world hurrying to stay abreast of the AI race dominated by the United States and China, countries are competing to build the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

admin
Hi! This is Admin.

Popular

More Like this

Canada’s Brookfield to pour €20 billon into French AI infrastructure


Canadian fund Brookfield will invest 20 billion euros ($21 billion) by 2030 to help build data centres crucial to artificial intelligence development in France, a source close to the deal told AFP on Saturday.Confirming reports in the La Tribune Dimanche newspaper, the announcement comes as Paris prepares to play host to a global summit of political and tech industry leaders on the technology on Monday and Tuesday.

With the world hurrying to stay abreast of the AI race dominated by the United States and China, countries are competing to build the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

admin
Hi! This is Admin.

More like this

Perplexity Labs can draft 98-99% of an IPO prospectus:...

Goldman Sachs CEO David Solomon recently remarked that...

iOS 26 will add three big Siri upgrades, here’s...

Siri has been in a state of disarray,...

Apple’s ‘Back to School’ promo reportedly launching on June...

Apple is gearing up to launch its annual...

Popular

Upcoming Events

sgbsdfsaf sgbsdfsaf sgbsdfsaf sgbsdfsaf sgbsdfsaf sgbsdfsaf sgbsdfsaf sgbsdfsaf sgbsdfsaf sgbsdfsaf sgbsdfsaf sgbsdfsaf sgbsdfsaf asdas asdas asdas