SoftBank pledges €75B to build Europe’s largest AI facility in France

SoftBank's investment could bolster Europe's AI independence, potentially reshaping tech dynamics and stimulating related industries. The post SoftBank pledges €75B for Europe’s largest AI facility in France appeared first on Crypto Briefing.

SoftBank's investment in French AI data centers could significantly boost Europe's tech infrastructure, attracting further global tech investments. The post SoftBank to invest €45B in AI data centers in France by 2031 appeared first on Crypto Briefing.

The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity.

Masayoshi Son places France at the centre of his global AI ambitions

This week’s special edition of Talking Europe asks whether the EU is ready for the disruption that comes with Artificial Intelligence. It is the most important technological revolution of the century, and is set to impact every aspect of our lives.

France’s AMF says crypto firms must secure MiCA licenses by June 30 or wind down operations and exit the market.

The post UniCredit warns of EU crypto bank crisis appeared on BitcoinEthereumNews.com. UniCredit director Elena Carletti has warned Europe may struggle to contain a crypto bank crisis under MiCA rules. Summary UniCredit’s Elena Carletti warned Europe lacks tools to backstop crypto-linked deposits the way US regulators did after SVB. MiCA pushes stablecoin issuers closer to banks but EU deposit insurance is capped at €100,000. Carletti cited Circle’s $3.3 billion stuck at SVB in 2023 as the model risk Europe has not solved. UniCredit deputy vice chair Elena Carletti has warned that Europe may struggle to contain a crypto-linked banking shock under MiCA. The Italian bank executive said EU tools are weaker than the US emergency response of 2023. The comments land as MiCA pulls stablecoin issuers closer to traditional lenders. Carletti, who chairs UniCredit’s board risk committee, said at an IESE Business School conference in Madrid that the same systemic-risk exception used to guarantee a

France’s top markets regulator is issuing increasingly direct warnings to crypto firms ahead of a fast-approaching European Union (EU) deadline for licensing, Reuters reported on Thursday.  Under the EU’s Markets in Crypto-Assets (MiCA) framework, crypto rules are tightening across the European Union for the issuance, trading, and custody of digital assets, and the regulator says […]