France is organizing an investor meeting, aiming for billion-dollar investments in AI

France is organizing an investor meeting, aiming for billion-dollar investments in AI

About 200 top-level executives from around the world are expected at the annual event “Choose France” hosted by President Emmanuel Macron at the Palace of Versailles. Last year, projects worth a record amount – 20 billion euros – were announced during this conference.

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Japanese technology investment giant SoftBank announced over the weekend that it will allocate 75 billion euros for artificial intelligence infrastructure. The company’s founder Masayoshi Son will meet with E. Macron at the Élysée Palace on Monday.

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