SoftBank plans €75 billion investment in French data centers
By
Anthony Ha
1d ago· 2 min readenNews
70/100
Toasty
Bagelometer↗
Not artisan, but a perfectly fine bagel. Hits the spot.
Score70TypenewsSentimentpositive
Summary
SoftBank Group announced plans to invest up to €75 billion ($87 billion) to build and expand data center capacity in France, targeting up to 5 gigawatts of additional capacity. The first phase involves constructing data centers in Dunkirk (Loon-Plage), Bosquel, and Bouchain to deliver 3.1 gigawatts to the Hauts-de-France region by 2031. SoftBank is both an investor in and customer of OpenAI.
Key quotes
· 3 pulledSoftBank Group announced today that it plans to spend up to €75 billion (around $87 billion) to expand data center capacity in France.
The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity.
The first phase of the plan involves building data centers in Dunkirk (Loon-Plage), Bosquel, and Bouchain to deliver 3.1 gigawatts of capacity to the Hauts-de-France region by 2031.
The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity.
You might also wanna read
SoftBank in Talks to Invest Up to $30B More in OpenAI
wsj.com·4mo ago

SoftBank Sells Entire Nvidia Stake for $5.83 Billion to Fund OpenAI Investment Strategy
SoftBank has sold its entire stake in Nvidia for $5.83 billion and part of its T-Mobile stake for $9.17 billion as the Japanese conglomerate

SoftBank and OpenAI Scale Back $500 Billion AI Project to Smaller Data Center
The article discusses the scaling back of SoftBank and OpenAI's ambitious $500 billion AI project, originally announced at the White House.
wheresyoured.at·10mo ago