Canada's Brookfield to pour €20 billon into French AI infrastructure
artificial intelligence development in France, a source close to the deal told AFP on Saturday.
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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 vast buildings housing the swathes of data needed to train AI models up.
According to La Tribune Dimanche, 15 of the 20 million euros are earmarked for erecting new centres, with a «mega-project» in the northern city of Cambrai as its crown jewel.
That deal was inked in on January 31 by French President Emmanuel Macron and Brookfield's CEO Bruce Flatt, the paper reported.
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