Here is the rewritten content:<\/p>\n
France Joins the AI Boom with \u20ac109 Billion Investment<\/strong><\/p>\n It’s France’s turn to tap into the AI boom<\/a>, the country’s private investments totaling \u20ac109 billion ($112.5 billion) announced by President Emmanuel Macron on Sunday. The announcement comes ahead of Paris hosting the AI Action Summit on Monday and Tuesday.<\/p>\n A Major Leap Forward for France’s AI Ecosystem<\/strong><\/p>\n Macron stated during a TV interview on France 2 and India’s First Post that "Europe is going to speed up, France is going to speed up." He elaborated that the investment is "exactly the equivalent for France of what the United States announced with Stargate \u2014 $500 billion \u2014 it’s the same ratio," when taking into account France’s significantly smaller population.<\/p>\n Pledging Nuclear Power for AI Computing<\/strong><\/p>\n Today, France will also reportedly pledge a gigawatt of nuclear power to create an AI computing project, the AI center<\/a>. The project’s lead, FluidStack, aims to start work in the third quarter of 2024. By the end of 2026, the goal is to have 250 megawatts of power linked to AI-computing chips. Most of these chips are made by Nvidia, which FluidStack claims will send chips over when they need them. It also states that there’s potential to expand to a 10 gigawatt facility by 2030.<\/p>\n Earlier Commitment from Macron and UAE Leader<\/strong><\/p>\n The news follows Macron and United Arab Emirates leader Mohamed bin Zayed Al-Nahyan’s February 6 announcement to put between \u20ac30 million and \u20ac50 million ($31 million to $51.6 million) towards a one-gigawatt AI center.<\/p>\n Note:<\/strong> This article may contain affiliate links. If you buy something through a link in this article, we may earn commission.<\/p>\n