this post was submitted on 10 Feb 2025
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137
French President Emmanuel Macron announces €100 billion investments in AI (www.france24.com)
submitted 2 days ago* (last edited 1 day ago) by Eyekaytee@aussie.zone to c/technology@lemmy.world
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further details:

Meanwhile, the French financing will include commitments from the United Arab Emirates, American and Canadian investments funds and French companies like telecommunications firms Iliad and Orange, and aerospace and defense group Thales

A few days before France’s AI Action Summit, which kicked off on Monday, the UAE said it would invest between 30 billion euros and 50 billion euros in the construction of a one-gigawatt AI data center in France as part of a campus focused on the technology’s development.

https://www.cnbc.com/2025/02/10/frances-answer-to-stargate-macron-announces-ai-investment.html

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[–] rottingleaf@lemmy.world -1 points 2 days ago

The cause is societal: the EU thinks that innovation should come top down. By giving established corporations subsidies, and a large administration that steers everyone every step of the way. To make sure nobody does anything out of the ordinary.

The EU doesn't think. A cell of the organism doesn't think in organ matters, an organ doesn't think in cell matters.

The EU is just built this way, it's a union of national governments against anything too mobile or evolutionary in their populations. It's a confederation designed so that there'll never be a federation of the same countries. Evolutionary mechanisms devour bureaucracies. But bureaucracies can strangle them.