Iliad committed to spending 3 billion euros on AI infrastructure, while Paris-based AI firm Mistral announced plans to invest billions to build its own data center in France.
Victor Riparbelli, CEO of British AI startup Synthesia, said Macron's 109-billion-euro investment plan was a "great" thing for the European AI ecosystem — but added that more is needed to ensure the continent is able to compete with tech heavyweights like the U.S. and China.