AI's impact on jobs hinges on adaptation, potentially expanding employment opportunities and driving demand for AI infrastructure investment.
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Insider Brief SoftBank Group plans to invest up to €75 billion to build 5 gigawatts of AI data center capacity in France, marking the company’s largest AI infrastructure commitment in Europe and one of the largest announced AI infrastructure projects on the continent. According to Softbank, the first phase includes a €45 billion investment to […]
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SoftBank is going to invest a massive amount of money to construct data centers in France. SoftBank Group is making a huge move in AI infrastructure in Europe, with plans to develop and operate a whopping 5 gigawatts of AI data center capacity in France. The investment, which could reach up to 75 billion euros, is intended to meet surging demand for high-performance computing and position the country as a major European hub for artificial intelligence infrastructure. According to an official release, the first phase of the project will include an initial €45 billion investment. It should deliver 3.1 GW of AI data center capacity in the Hauts-de-France region by the year 2031. The facilities are planned for Bosquel, Bouchain, and Dunkirk, with SoftBank also eyeing additional sites across the country. The announcement was made at the Choose France summit, hosted by Pre
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Home AI News SoftBank Commits Up to €75 Billion to Build Massive Data Center Network in France
Source: https://bitcoinworld.co.in/softbank-75-billion-french-data-centers/
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Topline Kanye West performed to a stadium crowd of more than 100,000 fans in Turkey on Saturday, his first performance in Europe in more than a decade, as the rapper attempts a comeback following immense backlash to his long history of virulent antisemitic remarks, which derailed his career. West’s performance was his first in Europe in more than a decade. AFP via Getty Images Key Facts West performed inside Istanbul’s Ataturk Olympic Stadium for roughly two hours to about 118,000 fans on Saturday, the Turkish state-run Anadolu Agency reported, marking West’s first appearance in Europe since 2014 (the concert was also livestreamed on YouTube). Rapper Travis Scott reportedly joined West on stage during the event. His concert follows the cancellation of a tour stop in Marseille, France, in April after Marseille Mayor Benoît Payan refused to have the city serve as a “showcase for those who promote hatred
The post SoftBank Bets Big on AI: €75 Billion to Build Massive French Data Hub appeared on BitcoinEthereumNews.com.
SoftBank Group has committed up to €75 billion to develop 5 gigawatts of artificial intelligence data center capacity in France, its largest AI infrastructure investment in Europe. The pledge was announced at the 2026 Choose France summit in Paris, where President Emmanuel Macron secured commitments of tens of billions in foreign investment. SoftBank cited France’s low-carbon grid, industrial land, and engineering talent as primary factors behind its selection. A Phased Buildout Across Hauts-de-France The first phase covers €45 billion to deliver 3.1 GW of capacity across three sites in the Hauts-de-France region by 2031. SoftBank plans to add further locations across France as the program extends toward the full 5 GW target, working with SB Energy and other strategic partners on development. SoftBank Chairman and CEO Masayoshi Son framed the move as part of a broader glo
SoftBank's investment could bolster Europe's AI independence, potentially reshaping tech dynamics and stimulating related industries.
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Insider Brief Firebird, the AI infrastructure company building large-scale GPU capacity in Armenia, has launched Firebird Labs, a new venture platform focused on incubating and funding startups in robotics, physical AI, aerospace and life sciences. As part of the initiative, Firebird is partnering with Armenia’s Ministry of Education, Science, Culture and Sport and OpenAI to […]