UAE to invest billions building new AI data centre in France | Sifted
The UAE is investing billions of euros to build a massive AI data center in France. The agreement, announced by French president Emmanuel Macron and Emirati president sheikh Mohamed ben Zayed Al-Nahyane on Thursday evening, comes ahead of the AI Action Summit in Paris next week,for which some events are already underway.A consortium of French and Emirati investors will back the new data center project. An AFP report cites an investment of €30-50bn partly backed by UAE investment firm MGX, which ...
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