France and the United Arab Emirates, a project for "AI" - They will build a data center worth up to 50 billion USD
France and the United Arab Emirates have agreed to build a 1 gigawatt data center dedicated to artificial intelligence. The investment is expected to be between $30 billion and $50 billion, the French presidency said.
President Emmanuel Macron hosted his Emirati counterpart Sheikh Mohamed bin Zayed al-Nahyan in the evening ahead of a summit on artificial intelligence in Paris next week that will bring together about 100 countries to focus on its potential.
The February 10-11 summit also aims to put France and Europe on the innovative technology map as they try to rival the US and China.
"Both leaders expressed their desire to create a strategic partnership in the field of artificial intelligence and committed to exploring collaborations on projects and investments that support the development of this sector," a joint statement said.
They said the investments will be in the purchase of the latest chips, data centers, talent development, as well as the establishment of virtual data embassies to enable the creation of sovereign artificial intelligence and cloud infrastructures in both countries.
The French government earlier said it had identified 35 sites to develop data centers that will power future projects.
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