SoftBank Group plans to invest as much as �75 billion ($87 billion) to build 5 gigawatts of artificial intelligence data center capacity in France, saying the country is poised to become a top European hub for AI infrastructure.
The first phase comprises an initial �45 billion investment to deliver 3.1 GW of AI data center capacity in the Hauts-de-France region by 2031, SoftBank said Saturday in a statement.
The commitment, which SoftBank called its biggest AI infrastructure investment in Europe, reflects personal diplomacy between Emmanuel Macron and SoftBank founder Masayoshi Son, who met during the French president’s visit to Japan this year.
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