France announces 109 billion euros in AI investment pledges at Paris summit

French President Emmanuel Macron announced investment pledges of 109 billion euros ($112 billion) for the artificial intelligence sector during the Paris AI summit. This funding aims to enhance AI development in France over the coming years. Key investments include 20 billion euros from Canadian firm Brookfield and potential financing of up to 50 billion euros from the United Arab Emirates. Other contributors include Amazon, Apollo Global Management, Digital Realty, and Equinix. Notable projects include a major AI supercomputer by Fluidstack, with an initial investment of 10 billion euros, and Mistral AI's plans for Europe's largest supercomputer.