France Unveils €109 Billion AI Investment Plan, Rivaling U.S. Stargate Project; Macron Announces Private Sector Commitments Ahead of Global AI Summit in Paris

France unveils 109-billion-euro AI investment as Europe looks to keep up with U.S.

French President Emmanuel Macron greets journalists after meetings with guests at the Elysee Palace before the opening ceremony of the Paris 2024 Olympic Games in Paris, France, July 26, 2024. REUTERS/Yara NardYara Nardi | ReutersFrance's artificial intelligence sector will receive 109 billion euros ($112.6 billion) of private investment in the "coming years," President Emmanuel Macron announced Sunday ahead of the country's global AI summit.Speaking with French broadcaster TF1, Macron described...