/ Sep 30, 2026
/ Sep 30, 2026

France AI investment summit draws billions in global deals

Published on

By

France is set to attract billions of dollars in artificial intelligence and data centre investment as global executives gather for President Emmanuel Macron’s annual “Choose France” summit, according to Channels Television.

 

The event, held at the Versailles Palace west of Paris, will host around 200 top executives from across the world, with a strong focus on AI infrastructure, semiconductor development and digital expansion.

Reports indicate that investment commitments already running into tens of billions of euros are expected to be announced during the summit.

Japanese tech investment firm SoftBank is reportedly planning a major 75 billion-euro investment in artificial intelligence infrastructure, with founder Masayoshi Son scheduled to meet Macron at the Élysée Palace.

Canadian asset manager Brookfield is also expected to unveil a $10 billion data centre project in northern France, while Ardian and Nordic data platform Verne are planning a $5 billion investment in a Paris-region facility.

Taiwanese electronics group Foxconn is expected to invest about 120 million euros in an AI-focused motherboard production line in western France in partnership with supercomputing specialist Bull.

According to the French presidency, the “Choose France” initiative has already generated more than 230 projects since 2018, worth about 87 billion euros and supporting thousands of jobs.

France has remained a leading destination for foreign investment in Europe for seven consecutive years, though analysts cited by Channels Television note that broader industrial investment trends remain uneven across sectors.

President Macron has pledged to position France as a global leader in AI, supported by public investment in quantum technologies and semiconductors.

You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Must Read

Eid-el-Kabir: FG Declares May 27 and 28 public holidays

FG declares October 1 public holiday for Nigeria’s 66th anniversary

The Federal Government has declared Thursday, October 1, 2026, a public holiday to commemorate Nigeria’s 66th Independence Anniversary.   The Minister of Interior, Olubunmi Tunji-Ojo, announced the declaration on Wednesday on behalf of the Federal Government in a statement signed by the ministry’s Permanent Secretary, Magdalene Ajani. The minister congratulated Nigerians at home and abroad, urging citizens to use the occasion to promote unity, patriotism, peaceful coexistence and mutual respect. Tunji-Ojo also called on Nigerians to emulate the country’s founding fathers by demonstrating love for Nigeria and contributing to the development of a nation that future generations can be proud of. “As we celebrate 66 years of our independence, we should always remember that there is hope for our country and our diversity is our strength,” the minister said. He added that collective determination remained the foundation for building a stronger and more prosperous Nigeria. The 2026 Independence Anniversary is being celebrated under the theme, “From Reforms to Stability: Consolidating Nigeria’s Renewed Hope for Shared Prosperity.” According to the Federal Government, the theme reflects its focus on consolidating ongoing reforms and translating their gains into greater opportunities and improved living conditions for Nigerians. The government also reaffirmed its commitment to strengthening national security, improving public safety and creating an environment where citizens can live and work with confidence. Tinubu to Address Nigerians President Bola Tinubu is expected to deliver a nationwide broadcast on Thursday as part of activities marking the 66th Independence Anniversary. The President returned to Lagos on Tuesday after concluding his working vacation in Europe and is expected to spend the Independence celebrations in the state. He is also expected to attend the premiere of a documentary on the late businessman and politician, Moshood Kashimawo Olawale Abiola, at the Wole Soyinka National Theatre in Lagos. According to the Presidency, Tinubu is further expected to hold political meetings in Lagos as preparations for the 2027 general elections continue. Nigeria at 66 Nigeria gained independence from British colonial rule on October 1, 1960, with Sir Abubakar Tafawa Balewa becoming the country’s first Prime Minister. The country became a republic in 1963, with Nnamdi Azikiwe serving as its first President. Nigeria later experienced periods of military rule and the Civil War before returning to constitutional democracy in 1999. The 2026 anniversary marks 66 years since independence and 27 years of uninterrupted constitutional democracy.
Read more

Editor's Pick

Trending News

Newsletter

Enter your email address and receive notifications of news by email.

You have been successfully Subscribed! Ops! Something went wrong, please try again.

© 2026 GongNews. All Rights Reserved.