SoftBank invests up to €75 billion in French AI data centers

Key Takeaways

SoftBank invests €75bn in French AI data centers

SoftBank Group plans to invest up to €75 billion to develop 5 GW of AI data center capacity in France. The initial phase will focus on the Hauts-de-France region, with a €45 billion investment to deliver 3.1 GW of capacity by 2031. The project aims to support growing demand for artificial intelligence by expanding access to high-performance computing capacity. SoftBank is partnering with French energy company EDF and Schneider Electric to develop the data centers.

SoftBank to invest €75 billion in French AI data centers

SoftBank Group plans to invest up to €75 billion in France to develop 5 GW of artificial intelligence (AI) data center capacity. The initial phase will focus on the Hauts-de-France region, where SoftBank will develop 3.1 GW of capacity by 2031. The project aims to meet the growing demand for computing power for AI applications. SoftBank is partnering with EDF and Schneider Electric to develop the data centers.

Ardian backs €5bn AI 'gigafactory' outside Paris

Ardian, a French private equity group, has agreed to back a €5 billion project to build a massive artificial intelligence 'gigafactory' outside Paris. The facility will be a data center and research hub that will house some of the world's most powerful computers. The project aims to create a 'digital backbone for the future' and support Europe's efforts to become a leader in the development and use of AI.

SoftBank invests in French AI data centers

SoftBank Group plans to invest up to €75 billion to develop 5 GW of AI data center capacity in France. The project aims to support growing demand for artificial intelligence by expanding access to high-performance computing capacity. SoftBank's investment is expected to create thousands of jobs and stimulate economic growth in the region.

SoftBank invests €75bn in French AI infrastructure

SoftBank Group plans to invest up to €75 billion to build 5 GW of AI data center capacity in France. The project aims to leverage France's nuclear-powered grid and industrial land to attract AI infrastructure. The investment is expected to create thousands of jobs and stimulate economic growth in the region.

SoftBank invests in French AI data centers

SoftBank Group plans to invest up to €75 billion to develop 5 GW of AI data center capacity in France. The initial phase will focus on the Hauts-de-France region, where SoftBank will develop 1 GW of data center capacity. The project aims to meet the growing demand for computing power for AI applications.

Top companies adopting AI

A new study from The AI-Driven Enterprise Institute found that the top performers in adopting AI are centered in the tech industry. Nvidia, Meta, and Schlumberger had the top overall company scores. The study used an open-source index to measure how much executives know and say about AI, as well as how much their companies are prioritizing the technology and bringing it into daily operations.

Chewy's AI investments drive cost savings

Chewy, Inc. is investing in AI to improve operational efficiency, lower costs, and support long-term margin expansion. The company expects AI-driven efficiencies to generate a benefit of low 10s of millions of dollars in fiscal 2026 and more than $50 million in annualized savings.

Chewy's AI investments drive cost savings

Chewy, Inc. is leveraging AI to enhance customer experiences and create structural savings across the business. The company expects AI-driven efficiencies to generate a benefit of low 10s of millions of dollars in fiscal 2026 and more than $50 million in annualized savings.

India and UAE partner on AI

India is partnering with the UAE to ease the grip of Amazon, Microsoft, and Google on artificial intelligence computing. G42, backed by Abu Dhabi sovereign wealth fund Mubadala, signed an agreement to deploy 64 supercomputers made by US chipmaker Cerebras to India.

The Information hires Dakin Campbell

Dakin Campbell has joined The Information to cover AI finance and investment, with a focus on how banks, investment funds, and pension managers are deploying capital into AI infrastructure.

Nvidia deepens enterprise AI adoption

Nvidia Corp is expanding its presence in the enterprise artificial intelligence market through partnerships that help businesses deploy private AI systems powered by its chips and software.

Hedge funds bet on AI stocks

Hedge funds are increasingly betting on AI stocks, with Nvidia being a favorite among them. Jensen Huang's Nvidia is a hedge-fund favorite, and the company's stock has gained around 60% over the past year.

AI notary learning management courses

The Indiana Secretary of State's Notary Education Learning Management System has had a meaningful impact on the government IT community by demonstrating how modern cloud platforms and responsible use of artificial intelligence can improve public services.

Sources

• SoftBank to invest €75bn in France to help expand its AI sector
• SoftBank to invest up to 75 billion euros in French AI data centers
• French private equity group Ardian backs €5bn AI ‘gigafactory’ outside Paris
• SoftBank to invest up to €75 billion in French AI data centers
• AI landlord – France grabs €75bn Softbank investment in nuclear-powered AI infra
• SoftBank to invest up to €75 billion in French AI data centers
• Nvidia, Meta and Schlumberger rank among top companies adopting AI, new study says
• Chewy's AI Investments Are Poised to Drive Structural Cost Savings
• Chewy's AI Investments Are Poised to Drive Structural Cost Savings
• India’s AI deal with the UAE challenges U.S. cloud dominance
• The Information Hires Dakin Campbell to Cover AI Finance and Investment
• Nvidia Corp. (NVDA) Deepens Enterprise AI Adoption Through ePlus Partnership
• Goldman: Hedge funds are betting big on big AI stocks
• AI Notary Learning Management Courses