PARIS, May 30 (Reuters) - Japan's SoftBank Group
will invest €45 billion over the next five years in a
push to build up artificial intelligence infrastructure in
France, founder Masayoshi Son told the paper La Tribune Dimanche
in an interview published on Saturday.
Son said the investment, described as the biggest of its
kind so far in Europe, would be made in the northern
Hauts-de-France region. The overall sum SoftBank intends to
invest in France will reach €75 billion, Son said.
The investment plans are due to be formally announced on
Monday at the annual Choose France business conference.
According to La Tribune Dimanche, two sites for data centres
at Le Bosquel and Dunkirk are expected to come into operation in
2028 and 2031 respectively, providing together more than 5
gigawatts of computing capacity.
"The fact that the country is a producer and exporter of
energy is absolutely decisive for investments in AI
infrastructure," Son said when asked why he picked France.
The French commitment adds to a global AI infrastructure
spending spree by SoftBank. Its investments in AI also include
over $30 billion invested in OpenAI so far, for about an 11%
stake.
France has been using the Choose France summit to court
foreign investors since it was launched by President Emmanuel
Macron in 2018.