SoftBank Plans to Invest Up to €75 Billion in France to Expand AI Data Centers

SoftBank Group is preparing to make one of the largest artificial intelligence infrastructure investments in Europe by developing and operating 5 gigawatts of AI data center capacity across France.

The company plans to invest as much as €75 billion to support the rapidly growing demand for high performance computing and strengthen France’s position as a leading European hub for AI infrastructure.

According to an official announcement, the first phase of the project will involve an initial investment of €45 billion. This phase is expected to deliver 3.1 gigawatts of AI data center capacity in the Hauts de France region by 2031.

The planned facilities will be located in Bosquel, Bouchain, and Dunkirk, while SoftBank is also exploring opportunities for additional sites throughout the country.

The investment was unveiled during the Choose France summit hosted by President Emmanuel Macron. SoftBank stated that the project will increase access to computing resources for AI companies, businesses, cloud service providers, public institutions, and research organizations.

Commenting on the initiative, SoftBank Chairman and Chief Executive Officer Masayoshi Son said that artificial intelligence is entering a new phase and that countries investing in the infrastructure required for this transformation will help shape the future of technology, industry, and society.

He added that SoftBank is proud to make this significant commitment to France, noting that the country’s industrial strength, skilled workforce, and national ambition make it well positioned to become a major AI infrastructure center in Europe.

The project reflects the growing global demand for computing power. SoftBank also expects the investment to create thousands of highly skilled jobs in engineering, data center development, robotics, operations, maintenance, advanced manufacturing, and related fields.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic