France has secured €109 billion ($113 billion) in investments for artificial intelligence (AI) projects from both domestic and foreign companies, with the goal of becoming a competitive AI development hub. The investments come from companies such as Amazon, Brookfield Asset Management, and Apollo Global Management, as well as a significant contribution from the United Arab Emirates. President Emmanuel Macron announced the news at an AI summit in Paris. France aims to overcome the caution and regulation that has hindered AI growth in Europe, and this significant investment signals the country's commitment to advancing AI technology. The projects are expected to be developed over the next two to five years, potentially positioning France as a leading destination for AI development.



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