In a noteworthy development, Japan's SoftBank Group announced a substantial investment of 45 billion euros (approximately $53 billion) aimed at enhancing artificial intelligence (AI) infrastructure in France over the next five years. This commitment, touted as the largest investment of its kind in Europe to date, will be concentrated in the northern Hauts-de-France region, facilitating the generation of 3.1 gigawatts of capacity.
Details regarding the plans are set to be officially unveiled at the upcoming Choose France business conference on Monday.
Prominent French engineering firm Schneider Electric will play a vital role in this initiative, providing essential modules for the project's sites, although specific financial details have not been revealed. The initiative will include three sites, one of which is located in Dunkirk, all expected to be operational by 2031.
SoftBank also indicated that additional sites across France are anticipated in the future, with the potential for total investment reaching 75 billion euros (around $87 billion).
Masayoshi Son, SoftBank's founder, emphasized the significance of France's role as an energy producer and exporter in attracting investments in AI infrastructure, as reported by La Tribune du Dimanche.
Moreover, state-owned utility EDF is involved in this venture, contributing one of its former power plants to SoftBank for conversion into a data center.
This commitment to the French market forms part of a broader global strategy by SoftBank to boost AI infrastructure, which also includes a significant investment of over $30 billion in OpenAI, granting the company an approximate 11% ownership stake.
Since its inception in 2018 under President Emmanuel Macron, the Choose France summit has been a key platform for attracting foreign investments into the country.


