
The French presidency announced on Thursday that the United Arab Emirates plans to invest billions of euros in the construction of a large artificial intelligence data center within the country.
This facility will serve as the centerpiece of a new AI “campus” and is expected to have a capacity of up to one gigawatt, which translates to investments ranging from 30 to 50 billion euros, according to a statement from the French presidency.
This initiative is part of a broader AI agreement established between French President Emmanuel Macron and UAE President Sheikh Mohamed bin Zayed Al Nahyan during their meeting in Paris on Thursday.
The AI data centers are intended to store data and supply the significant energy demands associated with emerging technologies.
According to the presidency, this campus will be the largest dedicated to AI in Europe.
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The announcement coincided with a gathering in Paris where global experts are discussing the challenges and opportunities presented by artificial intelligence, leading up to a summit of world leaders focused on this rapidly evolving technology.
The event is expected to attract thousands of participants, aiming to establish a consensus on a technology that has disrupted numerous business sectors in under two years, while also positioning France and Europe as serious players in the AI landscape.