SoftBank commits 75 billion euros to AI data center infrastructure in France
By
Azhar Sukri
A respectable bake. You'd come back tomorrow for another.
Summary
SoftBank Group plans to invest 45 billion euros ($53 billion) over five years to build AI infrastructure in France, as part of a larger 75-billion-euro program to deploy 5 GW of AI data center capacity in the country. The initial phase involves constructing 3.1 GW of data centers in the Hauts-de-France region by 2031. The announcement comes as SoftBank overtook Toyota to become Japan's most valuable company by market cap.
Key quotes
· 3 pulledJapan's SoftBank Group plans to invest 45 billion euros ($53 billion) over the next five years to build artificial intelligence infrastructure in France
The tech giant said the commitment is part of a 75-billion-euro program to roll out 5 GW of AI data center capacity in France
Softbank said Saturday that the initial phase of the investment plan involves building 3.1 GW of AI data centers in the northern Hauts-de-France region by 2031
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