France Commits €10 Billion to AI as Global Leaders Gather in Paris

Home AI News France Commits €10 Billion to AI as Global Leaders Gather in Paris

Updated on February 10 2025

France’s public investment bank, Bpifrance, has announced plans to invest up to €10 billion ($10.3 billion) in the country’s AI ecosystem, reinforcing its ambitions to become a global AI powerhouse. The announcement comes just days before the Artificial Intelligence Action Summit in Paris, where world leaders and tech executives will discuss the future of AI.

France is consolidating its position as a world leader in AI. Bpifrance, a powerful actor within France’s tech ecosystem, has also financed AI startups through direct investments, funding multiples rounds and forming VCs. In the words of French CEO Nicolas Dufourcq: “France has 750 of the world acclaimed AI Startups, with this investment, we are building a case for France being a leader in AI. ”

In addition to existing commitments to AI focused VC funds, the fund will further focus on investing in foundation models, AI infrastructure, and semiconductor companies. Austria has taken an admirable step by being open to investment from domestic and international VC firms like Elaia and Frst that have funded AI projects.

A Broader AI Strategy

This announcement follows a major AI collaboration between France and the United Arab Emirates, which will see a €50 billion ($52 billion) investment to build a 1 GW AI data center in France. As the AI Action Summit unfolds, more strategic investments and partnerships are expected to be revealed, further positioning France as a key player in the global AI race.

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